Anji Microelectronics Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Anji Microelectronics Technology (Shanghai) has a total shareholder equity of CN¥2.2B and total debt of CN¥107.5M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥2.7B and CN¥484.4M respectively. Anji Microelectronics Technology (Shanghai)'s EBIT is CN¥357.3M making its interest coverage ratio 602.7. It has cash and short-term investments of CN¥608.6M.
Key information
4.8%
Debt to equity ratio
CN¥107.47m
Debt
| Interest coverage ratio | 602.7x |
| Cash | CN¥608.64m |
| Equity | CN¥2.24b |
| Total liabilities | CN¥484.38m |
| Total assets | CN¥2.73b |
Recent financial health updates
Recent updates
Anji Microelectronics Technology (Shanghai) Co., Ltd. Beat Revenue Forecasts By 13%: Here's What Analysts Are Forecasting Next
Apr 30
Shareholders Shouldn’t Be Too Comfortable With Anji Microelectronics Technology (Shanghai)'s (SHSE:688019) Strong Earnings
Apr 27Anji Microelectronics Technology (Shanghai) (SHSE:688019) Is Looking To Continue Growing Its Returns On Capital
Apr 18These 4 Measures Indicate That Anji Microelectronics Technology (Shanghai) (SHSE:688019) Is Using Debt Reasonably Well
Mar 25Anji Microelectronics Technology (Shanghai) Co., Ltd. (SHSE:688019) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 01Anji Microelectronics Technology (Shanghai) Co., Ltd. (SHSE:688019) Annual Results: Here's What Analysts Are Forecasting For This Year
Feb 28Financial Position Analysis
Short Term Liabilities: 688019's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥204.0M).
Long Term Liabilities: 688019's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥280.4M).
Debt to Equity History and Analysis
Debt Level: 688019 has more cash than its total debt.
Reducing Debt: 688019's debt to equity ratio has increased from 0% to 4.8% over the past 5 years.
Debt Coverage: 688019's debt is well covered by operating cash flow (344.9%).
Interest Coverage: 688019's interest payments on its debt are well covered by EBIT (602.7x coverage).