Leaguer (Shenzhen) Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Leaguer (Shenzhen) Microelectronics has a total shareholder equity of CN¥1.0B and total debt of CN¥291.3M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CN¥1.5B and CN¥426.6M respectively. Leaguer (Shenzhen) Microelectronics's EBIT is CN¥92.3M making its interest coverage ratio -17.8. It has cash and short-term investments of CN¥917.9M.
Key information
28.2%
Debt to equity ratio
CN¥291.33m
Debt
Interest coverage ratio | -17.8x |
Cash | CN¥917.88m |
Equity | CN¥1.03b |
Total liabilities | CN¥426.58m |
Total assets | CN¥1.46b |
Financial Position Analysis
Short Term Liabilities: 688589's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥129.8M).
Long Term Liabilities: 688589's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥296.8M).
Debt to Equity History and Analysis
Debt Level: 688589 has more cash than its total debt.
Reducing Debt: 688589's debt to equity ratio has increased from 5.8% to 28.2% over the past 5 years.
Debt Coverage: 688589's debt is well covered by operating cash flow (75.2%).
Interest Coverage: 688589 earns more interest than it pays, so coverage of interest payments is not a concern.