Wuxi ETEK MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi ETEK MicroelectronicsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.4B and CN¥105.7M respectively. Wuxi ETEK MicroelectronicsLtd's EBIT is CN¥174.1M making its interest coverage ratio -11.3. It has cash and short-term investments of CN¥848.0M.
Key information
0.9%
Debt to equity ratio
CN¥12.01m
Debt
| Interest coverage ratio | -11.3x |
| Cash | CN¥847.96m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥105.71m |
| Total assets | CN¥1.44b |
Recent financial health updates
Recent updates
Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) Intrinsic Value Is Potentially 22% Below Its Share Price
Oct 24
Wuxi ETEK Microelectronics Co.,Ltd. (SHSE:688601) Soars 40% But It's A Story Of Risk Vs Reward
Oct 07These 4 Measures Indicate That Wuxi ETEK MicroelectronicsLtd (SHSE:688601) Is Using Debt Safely
Sep 25Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) Shares Lagging The Market But So Is The Business
Aug 23Is Wuxi ETEK Microelectronics Co.,Ltd. (SHSE:688601) Worth CN¥40.1 Based On Its Intrinsic Value?
Jul 25Returns At Wuxi ETEK MicroelectronicsLtd (SHSE:688601) Are On The Way Up
Jun 27What Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) 25% Share Price Gain Is Not Telling You
Mar 21Financial Position Analysis
Short Term Liabilities: 688601's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥98.6M).
Long Term Liabilities: 688601's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 688601 has more cash than its total debt.
Reducing Debt: 688601's debt to equity ratio has increased from 0.3% to 0.9% over the past 5 years.
Debt Coverage: 688601's debt is well covered by operating cash flow (1683.6%).
Interest Coverage: 688601 earns more interest than it pays, so coverage of interest payments is not a concern.