Will Semiconductor Balance Sheet Health
Financial Health criteria checks 6/6
Will Semiconductor has a total shareholder equity of CN¥21.1B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are CN¥37.1B and CN¥16.0B respectively. Will Semiconductor's EBIT is CN¥1.1B making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥7.9B.
Key information
46.8%
Debt to equity ratio
CN¥9.87b
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥7.94b |
| Equity | CN¥21.09b |
| Total liabilities | CN¥15.98b |
| Total assets | CN¥37.06b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603501's short term assets (CN¥19.5B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 603501's short term assets (CN¥19.5B) exceed its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 603501's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 603501's debt to equity ratio has reduced from 108.2% to 46.8% over the past 5 years.
Debt Coverage: 603501's debt is well covered by operating cash flow (73.6%).
Interest Coverage: 603501's interest payments on its debt are well covered by EBIT (5.3x coverage).