CETC Chips Technology Balance Sheet Health
Financial Health criteria checks 6/6
CETC Chips Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.9B and CN¥431.0M respectively. CETC Chips Technology's EBIT is CN¥168.1M making its interest coverage ratio -57.2. It has cash and short-term investments of CN¥754.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -57.2x |
| Cash | CN¥754.07m |
| Equity | CN¥2.45b |
| Total liabilities | CN¥431.04m |
| Total assets | CN¥2.88b |
Recent financial health updates
No updates
Recent updates
Does CETC Chips Technology (SHSE:600877) Deserve A Spot On Your Watchlist?
Oct 27
Earnings Not Telling The Story For CETC Chips Technology Inc. (SHSE:600877) After Shares Rise 46%
Oct 08Returns On Capital At CETC Chips Technology (SHSE:600877) Paint A Concerning Picture
Aug 15CETC Chips Technology's (SHSE:600877) Profits Appear To Have Quality Issues
May 02Subdued Growth No Barrier To CETC Chips Technology Inc. (SHSE:600877) With Shares Advancing 27%
Mar 04Financial Position Analysis
Short Term Liabilities: 600877's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥410.7M).
Long Term Liabilities: 600877's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥20.4M).
Debt to Equity History and Analysis
Debt Level: 600877 is debt free.
Reducing Debt: 600877 has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.
Debt Coverage: 600877 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600877 has no debt, therefore coverage of interest payments is not a concern.