Quechen Silicon Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Quechen Silicon Chemical has a total shareholder equity of CN¥3.2B and total debt of CN¥85.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥3.6B and CN¥447.8M respectively. Quechen Silicon Chemical's EBIT is CN¥536.7M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥797.8M.
Key information
2.7%
Debt to equity ratio
CN¥85.14m
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥797.80m |
| Equity | CN¥3.18b |
| Total liabilities | CN¥447.82m |
| Total assets | CN¥3.63b |
Recent financial health updates
Recent updates
Return Trends At Quechen Silicon Chemical (SHSE:605183) Aren't Appealing
Oct 15
Little Excitement Around Quechen Silicon Chemical Co., Ltd.'s (SHSE:605183) Earnings
Aug 23Quechen Silicon Chemical (SHSE:605183) May Have Issues Allocating Its Capital
Jul 12Does Quechen Silicon Chemical (SHSE:605183) Have A Healthy Balance Sheet?
Jun 07There's No Escaping Quechen Silicon Chemical Co., Ltd.'s (SHSE:605183) Muted Earnings Despite A 28% Share Price Rise
Apr 25Quechen Silicon Chemical Co., Ltd. (SHSE:605183) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 605183's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥447.4M).
Long Term Liabilities: 605183's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥442.9K).
Debt to Equity History and Analysis
Debt Level: 605183 has more cash than its total debt.
Reducing Debt: 605183's debt to equity ratio has reduced from 7.2% to 2.7% over the past 5 years.
Debt Coverage: 605183's debt is well covered by operating cash flow (633.5%).
Interest Coverage: 605183 earns more interest than it pays, so coverage of interest payments is not a concern.