First High-School Education Group Balance Sheet Health
Financial Health criteria checks 2/6
First High-School Education Group has a total shareholder equity of CN¥155.4M and total debt of CN¥88.0M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are CN¥991.6M and CN¥836.2M respectively. First High-School Education Group's EBIT is CN¥10.6M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥189.2M.
Key information
56.6%
Debt to equity ratio
CN¥87.97m
Debt
Interest coverage ratio | 2.2x |
Cash | CN¥189.24m |
Equity | CN¥155.44m |
Total liabilities | CN¥836.18m |
Total assets | CN¥991.62m |
Recent financial health updates
Recent updates
First High-School Education Group GAAP EPS of $0.08, revenue of $38.5M
Nov 02First High-School Education Group declares $0.0146 dividend
Sep 30First High-School Education Group GAAP EPS of $0.07, revenue of $31.56M, updates FY guidance
Sep 08Returns On Capital Are A Standout For First High-School Education Group (NYSE:FHS)
Aug 06First high-School Education Group announces up to RMB4M share repurchase program
Jun 30First High-School Education Group Co., Ltd. (NYSE:FHS) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Jun 12First High-School Education Group shares gain on acquiring 51% stake in Beijing Tomorrow for RMB76.5M
Jun 01Financial Position Analysis
Short Term Liabilities: FHSE.Y's short term assets (CN¥771.5M) do not cover its short term liabilities (CN¥830.0M).
Long Term Liabilities: FHSE.Y's short term assets (CN¥771.5M) exceed its long term liabilities (CN¥6.2M).
Debt to Equity History and Analysis
Debt Level: FHSE.Y has more cash than its total debt.
Reducing Debt: FHSE.Y's debt to equity ratio has increased from 26.7% to 56.6% over the past 5 years.
Debt Coverage: FHSE.Y's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: FHSE.Y's interest payments on its debt are not well covered by EBIT (2.2x coverage).