ASR Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
ASR Microelectronics has a total shareholder equity of CN¥6.2B and total debt of CN¥97.4M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥7.1B and CN¥915.6M respectively.
Key information
1.6%
Debt to equity ratio
CN¥97.35m
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.24b |
Equity | CN¥6.22b |
Total liabilities | CN¥915.64m |
Total assets | CN¥7.13b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688220's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥791.6M).
Long Term Liabilities: 688220's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥124.1M).
Debt to Equity History and Analysis
Debt Level: 688220 has more cash than its total debt.
Reducing Debt: 688220's debt to equity ratio has reduced from 4.3% to 1.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688220 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688220 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.6% each year