Epoxy Base Electronic Material Balance Sheet Health
Financial Health criteria checks 5/6
Epoxy Base Electronic Material has a total shareholder equity of CN¥3.4B and total debt of CN¥326.6M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. Epoxy Base Electronic Material's EBIT is CN¥79.5M making its interest coverage ratio -4. It has cash and short-term investments of CN¥2.5B.
Key information
9.5%
Debt to equity ratio
CN¥326.55m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥2.48b |
| Equity | CN¥3.42b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥4.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603002's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603002's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥144.8M).
Debt to Equity History and Analysis
Debt Level: 603002 has more cash than its total debt.
Reducing Debt: 603002's debt to equity ratio has increased from 9% to 9.5% over the past 5 years.
Debt Coverage: 603002's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 603002 earns more interest than it pays, so coverage of interest payments is not a concern.