Hangzhou Silan MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Silan MicroelectronicsLtd has a total shareholder equity of CN¥13.5B and total debt of CN¥5.7B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥23.1B and CN¥9.6B respectively. Hangzhou Silan MicroelectronicsLtd's EBIT is CN¥559.3M making its interest coverage ratio 15.6. It has cash and short-term investments of CN¥5.1B.
Key information
42.1%
Debt to equity ratio
CN¥5.70b
Debt
Interest coverage ratio | 15.6x |
Cash | CN¥5.15b |
Equity | CN¥13.52b |
Total liabilities | CN¥9.56b |
Total assets | CN¥23.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600460's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 600460's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 600460's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 600460's debt to equity ratio has reduced from 52.9% to 42.1% over the past 5 years.
Debt Coverage: 600460's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 600460's interest payments on its debt are well covered by EBIT (15.6x coverage).