Shanghai Fudan Microelectronics Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Fudan Microelectronics Group has a total shareholder equity of CN¥6.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥8.7B and CN¥2.4B respectively. Shanghai Fudan Microelectronics Group's EBIT is CN¥464.6M making its interest coverage ratio 19.8. It has cash and short-term investments of CN¥953.5M.
Key information
24.2%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | 19.8x |
| Cash | CN¥953.50m |
| Equity | CN¥6.24b |
| Total liabilities | CN¥2.43b |
| Total assets | CN¥8.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688385's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 688385's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥397.9M).
Debt to Equity History and Analysis
Debt Level: 688385's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 688385's debt to equity ratio has increased from 0% to 24.2% over the past 5 years.
Debt Coverage: 688385's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 688385's interest payments on its debt are well covered by EBIT (19.8x coverage).