Guangdong Cellwise Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Cellwise Microelectronics has a total shareholder equity of CN¥1.6B and total debt of CN¥21.8M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥1.7B and CN¥53.3M respectively. Guangdong Cellwise Microelectronics's EBIT is CN¥19.8M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥609.6M.
Key information
1.3%
Debt to equity ratio
CN¥21.84m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥609.59m |
Equity | CN¥1.65b |
Total liabilities | CN¥53.29m |
Total assets | CN¥1.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688325's short term assets (CN¥780.1M) exceed its short term liabilities (CN¥51.3M).
Long Term Liabilities: 688325's short term assets (CN¥780.1M) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 688325 has more cash than its total debt.
Reducing Debt: 688325's debt to equity ratio has reduced from 7.4% to 1.3% over the past 5 years.
Debt Coverage: 688325's debt is well covered by operating cash flow (434.2%).
Interest Coverage: 688325 earns more interest than it pays, so coverage of interest payments is not a concern.