Southchip Semiconductor Technology(Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Southchip Semiconductor Technology(Shanghai) has a total shareholder equity of CN¥3.8B and total debt of CN¥7.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥4.4B and CN¥592.5M respectively. Southchip Semiconductor Technology(Shanghai)'s EBIT is CN¥274.7M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥2.9B.
Key information
0.2%
Debt to equity ratio
CN¥7.32m
Debt
Interest coverage ratio | -6.7x |
Cash | CN¥2.89b |
Equity | CN¥3.83b |
Total liabilities | CN¥592.49m |
Total assets | CN¥4.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688484's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥582.4M).
Long Term Liabilities: 688484's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 688484 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688484's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688484's debt is well covered by operating cash flow (4210.6%).
Interest Coverage: 688484 earns more interest than it pays, so coverage of interest payments is not a concern.