Crystal Clear Electronic MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Crystal Clear Electronic MaterialLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥991.4M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥5.0B and CN¥1.6B respectively. Crystal Clear Electronic MaterialLtd's EBIT is CN¥120.1M making its interest coverage ratio -31.1. It has cash and short-term investments of CN¥1.5B.
Key information
29.1%
Debt to equity ratio
CN¥991.43m
Debt
Interest coverage ratio | -31.1x |
Cash | CN¥1.50b |
Equity | CN¥3.40b |
Total liabilities | CN¥1.64b |
Total assets | CN¥5.04b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond Crystal Clear Electronic MaterialLtd's (SZSE:300655) Lackluster Earnings
May 07Crystal Clear Electronic Material Co.,Ltd Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
May 01What Crystal Clear Electronic Material Co.,Ltd's (SZSE:300655) 27% Share Price Gain Is Not Telling You
Mar 04Does Crystal Clear Electronic MaterialLtd (SZSE:300655) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 300655's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥700.6M).
Long Term Liabilities: 300655's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥934.9M).
Debt to Equity History and Analysis
Debt Level: 300655 has more cash than its total debt.
Reducing Debt: 300655's debt to equity ratio has reduced from 53.7% to 29.1% over the past 5 years.
Debt Coverage: 300655's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 300655 earns more interest than it pays, so coverage of interest payments is not a concern.