Zbit Semiconductor Balance Sheet Health
Financial Health criteria checks 5/6
Zbit Semiconductor has a total shareholder equity of CN¥1.6B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥1.7B and CN¥118.1M respectively.
Key information
0.08%
Debt to equity ratio
CN¥1.34m
Debt
Interest coverage ratio | n/a |
Cash | CN¥961.35m |
Equity | CN¥1.61b |
Total liabilities | CN¥118.09m |
Total assets | CN¥1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688416's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥92.8M).
Long Term Liabilities: 688416's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥25.2M).
Debt to Equity History and Analysis
Debt Level: 688416 has more cash than its total debt.
Reducing Debt: 688416's debt to equity ratio has reduced from 23.7% to 0.08% over the past 5 years.
Debt Coverage: 688416's debt is well covered by operating cash flow (10955.6%).
Interest Coverage: Insufficient data to determine if 688416's interest payments on its debt are well covered by EBIT.