ACM Research (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
ACM Research (Shanghai) has a total shareholder equity of CN¥6.6B and total debt of CN¥728.9M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥10.1B and CN¥3.5B respectively. ACM Research (Shanghai)'s EBIT is CN¥766.5M making its interest coverage ratio -8. It has cash and short-term investments of CN¥1.5B.
Key information
11.0%
Debt to equity ratio
CN¥728.87m
Debt
Interest coverage ratio | -8x |
Cash | CN¥1.55b |
Equity | CN¥6.62b |
Total liabilities | CN¥3.50b |
Total assets | CN¥10.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688082's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 688082's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥416.1M).
Debt to Equity History and Analysis
Debt Level: 688082 has more cash than its total debt.
Reducing Debt: 688082's debt to equity ratio has reduced from 23.2% to 11% over the past 5 years.
Debt Coverage: 688082's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688082 earns more interest than it pays, so coverage of interest payments is not a concern.