GRINM Semiconductor Materials Balance Sheet Health
Financial Health criteria checks 6/6
GRINM Semiconductor Materials has a total shareholder equity of CN¥4.6B and total debt of CN¥4.4M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are CN¥5.0B and CN¥423.8M respectively. GRINM Semiconductor Materials's EBIT is CN¥162.9M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥2.9B.
Key information
0.09%
Debt to equity ratio
CN¥4.38m
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥2.85b |
| Equity | CN¥4.61b |
| Total liabilities | CN¥423.76m |
| Total assets | CN¥5.04b |
Recent financial health updates
No updates
Recent updates
GRINM Semiconductor Materials' (SHSE:688432) Weak Earnings Might Be Worse Than They Appear
Apr 08
One Analyst Just Shaved Their GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) Forecasts Dramatically
Apr 03GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Mar 07There Are Reasons To Feel Uneasy About GRINM Semiconductor Materials' (SHSE:688432) Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 688432's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥205.3M).
Long Term Liabilities: 688432's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥218.5M).
Debt to Equity History and Analysis
Debt Level: 688432 has more cash than its total debt.
Reducing Debt: 688432's debt to equity ratio has reduced from 0.8% to 0.09% over the past 5 years.
Debt Coverage: 688432's debt is well covered by operating cash flow (5478.4%).
Interest Coverage: 688432 earns more interest than it pays, so coverage of interest payments is not a concern.