Shanghai Orient-Chip TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Orient-Chip TechnologyLTD has a total shareholder equity of CN¥2.5B and total debt of CN¥50.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥2.8B and CN¥280.9M respectively.
Key information
2.0%
Debt to equity ratio
CN¥50.76m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.58b |
Equity | CN¥2.50b |
Total liabilities | CN¥280.89m |
Total assets | CN¥2.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688061's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥243.6M).
Long Term Liabilities: 688061's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥37.3M).
Debt to Equity History and Analysis
Debt Level: 688061 has more cash than its total debt.
Reducing Debt: 688061's debt to equity ratio has reduced from 14.1% to 2% over the past 5 years.
Debt Coverage: 688061's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688061's interest payments on its debt are well covered by EBIT.