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¥11.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.4B and CN¥131.0M respectively. Wuxi ETEK MicroelectronicsLtd's EBIT is CN¥216.1M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥877.0M.
Key information
0.9%
Debt to equity ratio
CN¥10.96m
Debt
Interest coverage ratio | -11.6x |
Cash | CN¥877.00m |
Equity | CN¥1.26b |
Total liabilities | CN¥131.01m |
Total assets | CN¥1.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688601's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥123.8M).
Long Term Liabilities: 688601's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥7.3M).
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% to 0.9% over the past 5 years.
Debt Coverage: 688601's debt is well covered by operating cash flow (1156.3%).
Interest Coverage: 688601 earns more interest than it pays, so coverage of interest payments is not a concern.