China Chippacking TechnologyLtd Balance Sheet Health
Financial Health criteria checks 0/6
China Chippacking TechnologyLtd has a total shareholder equity of CN¥726.5M and total debt of CN¥476.2M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are CN¥1.8B and CN¥1.1B respectively.
Key information
65.5%
Debt to equity ratio
CN¥476.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥44.21m |
| Equity | CN¥726.52m |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥1.84b |
Financial Position Analysis
Short Term Liabilities: 688216's short term assets (CN¥325.0M) do not cover its short term liabilities (CN¥782.2M).
Long Term Liabilities: 688216's short term assets (CN¥325.0M) do not cover its long term liabilities (CN¥329.4M).
Debt to Equity History and Analysis
Debt Level: 688216's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 688216's debt to equity ratio has increased from 10.9% to 65.5% over the past 5 years.
Debt Coverage: 688216's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 688216's interest payments on its debt are well covered by EBIT.