Wafer Works (Shanghai) Balance Sheet Health
Financial Health criteria checks 6/6
Wafer Works (Shanghai) has a total shareholder equity of CN¥4.2B and total debt of CN¥510.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥5.0B and CN¥762.2M respectively. Wafer Works (Shanghai)'s EBIT is CN¥196.0M making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥1.7B.
Key information
12.1%
Debt to equity ratio
CN¥510.01m
Debt
Interest coverage ratio | 6.9x |
Cash | CN¥1.72b |
Equity | CN¥4.20b |
Total liabilities | CN¥762.16m |
Total assets | CN¥4.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688584's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥540.2M).
Long Term Liabilities: 688584's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥221.9M).
Debt to Equity History and Analysis
Debt Level: 688584 has more cash than its total debt.
Reducing Debt: 688584's debt to equity ratio has reduced from 33.9% to 12.1% over the past 5 years.
Debt Coverage: 688584's debt is well covered by operating cash flow (100.3%).
Interest Coverage: 688584's interest payments on its debt are well covered by EBIT (6.9x coverage).