Nexchip Semiconductor Balance Sheet Health
Financial Health criteria checks 2/6
Nexchip Semiconductor has a total shareholder equity of CN¥22.2B and total debt of CN¥20.0B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are CN¥48.1B and CN¥25.9B respectively. Nexchip Semiconductor's EBIT is CN¥487.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥8.0B.
Key information
90.1%
Debt to equity ratio
CN¥20.01b
Debt
Interest coverage ratio | 5.4x |
Cash | CN¥7.96b |
Equity | CN¥22.21b |
Total liabilities | CN¥25.85b |
Total assets | CN¥48.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688249's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 688249's short term assets (CN¥11.0B) do not cover its long term liabilities (CN¥18.2B).
Debt to Equity History and Analysis
Debt Level: 688249's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: 688249's debt to equity ratio has increased from 77.4% to 90.1% over the past 5 years.
Debt Coverage: 688249's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 688249's interest payments on its debt are well covered by EBIT (5.4x coverage).