Shanghai V-Test Semiconductor Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai V-Test Semiconductor Tech has a total shareholder equity of CN¥2.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are CN¥4.4B and CN¥1.8B respectively. Shanghai V-Test Semiconductor Tech's EBIT is CN¥97.1M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥220.4M.
Key information
53.3%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥220.44m |
| Equity | CN¥2.54b |
| Total liabilities | CN¥1.84b |
| Total assets | CN¥4.38b |
Recent financial health updates
Does Shanghai V-Test Semiconductor Tech (SHSE:688372) Have A Healthy Balance Sheet?
Jul 31
Here's Why Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Meaningful Debt Burden
Apr 21Recent updates
After Leaping 56% Shanghai V-Test Semiconductor Tech. Co., Ltd. (SHSE:688372) Shares Are Not Flying Under The Radar
Oct 16Shanghai V-Test Semiconductor Tech (SHSE:688372) Will Be Hoping To Turn Its Returns On Capital Around
Aug 27Does Shanghai V-Test Semiconductor Tech (SHSE:688372) Have A Healthy Balance Sheet?
Jul 31Here's Why Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Meaningful Debt Burden
Apr 21Beyond Lackluster Earnings: Potential Concerns For Shanghai V-Test Semiconductor Tech's (SHSE:688372) Shareholders
Mar 29Shanghai V-Test Semiconductor Tech. Co., Ltd.'s (SHSE:688372) P/E Is Still On The Mark Following 25% Share Price Bounce
Mar 05Some Investors May Be Worried About Shanghai V-Test Semiconductor Tech's (SHSE:688372) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 688372's short term assets (CN¥886.3M) exceed its short term liabilities (CN¥582.0M).
Long Term Liabilities: 688372's short term assets (CN¥886.3M) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 688372's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 688372's debt to equity ratio has increased from 10.3% to 53.3% over the past 5 years.
Debt Coverage: 688372's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 688372's interest payments on its debt are well covered by EBIT (3.9x coverage).