Crystal Clear Electronic MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Crystal Clear Electronic MaterialLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CN¥5.5B and CN¥1.7B respectively. Crystal Clear Electronic MaterialLtd's EBIT is CN¥73.2M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥1.9B.
Key information
28.9%
Debt to equity ratio
CN¥1.09b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥1.87b |
Equity | CN¥3.79b |
Total liabilities | CN¥1.68b |
Total assets | CN¥5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300655's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥676.9M).
Long Term Liabilities: 300655's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.0B).
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 52.9% to 28.9% over the past 5 years.
Debt Coverage: 300655's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 300655's interest payments on its debt are not well covered by EBIT (2.1x coverage).