Union Semiconductor (Hefei) Balance Sheet Health
Financial Health criteria checks 6/6
Union Semiconductor (Hefei) has a total shareholder equity of CN¥3.1B and total debt of CN¥307.4M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥3.7B and CN¥586.3M respectively. Union Semiconductor (Hefei)'s EBIT is CN¥164.0M making its interest coverage ratio -19.5. It has cash and short-term investments of CN¥100.7M.
Key information
10.0%
Debt to equity ratio
CN¥307.36m
Debt
Interest coverage ratio | -19.5x |
Cash | CN¥100.75m |
Equity | CN¥3.08b |
Total liabilities | CN¥586.30m |
Total assets | CN¥3.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688403's short term assets (CN¥639.3M) exceed its short term liabilities (CN¥468.3M).
Long Term Liabilities: 688403's short term assets (CN¥639.3M) exceed its long term liabilities (CN¥118.0M).
Debt to Equity History and Analysis
Debt Level: 688403's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 688403's debt to equity ratio has reduced from 386.7% to 10% over the past 5 years.
Debt Coverage: 688403's debt is well covered by operating cash flow (136.2%).
Interest Coverage: 688403 earns more interest than it pays, so coverage of interest payments is not a concern.