Shanghai V-Test Semiconductor Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai V-Test Semiconductor Tech has a total shareholder equity of CN¥2.5B and total debt of CN¥775.7M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥3.8B and CN¥1.3B respectively. Shanghai V-Test Semiconductor Tech's EBIT is CN¥80.0M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥239.0M.
Key information
31.3%
Debt to equity ratio
CN¥775.66m
Debt
Interest coverage ratio | 4.5x |
Cash | CN¥239.02m |
Equity | CN¥2.48b |
Total liabilities | CN¥1.29b |
Total assets | CN¥3.76b |
Recent financial health updates
Recent updates
Here'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¥748.9M) exceed its short term liabilities (CN¥634.8M).
Long Term Liabilities: 688372's short term assets (CN¥748.9M) exceed its long term liabilities (CN¥652.8M).
Debt to Equity History and Analysis
Debt Level: 688372's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 688372's debt to equity ratio has increased from 16.6% to 31.3% over the past 5 years.
Debt Coverage: 688372's debt is well covered by operating cash flow (64.9%).
Interest Coverage: 688372's interest payments on its debt are well covered by EBIT (4.5x coverage).