Circuit Fabology Microelectronics EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Circuit Fabology Microelectronics EquipmentLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥13.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥2.5B and CN¥469.5M respectively. Circuit Fabology Microelectronics EquipmentLtd's EBIT is CN¥157.9M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥953.4M.
Key information
0.6%
Debt to equity ratio
CN¥13.00m
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥953.38m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥469.54m |
| Total assets | CN¥2.51b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Circuit Fabology Microelectronics EquipmentLtd (SHSE:688630) Have Hit The Brakes
May 21
Circuit Fabology Microelectronics EquipmentLtd's (SHSE:688630) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 30Should You Be Adding Circuit Fabology Microelectronics EquipmentLtd (SHSE:688630) To Your Watchlist Today?
Mar 28Earnings Not Telling The Story For Circuit Fabology Microelectronics Equipment Co.,Ltd. (SHSE:688630) After Shares Rise 25%
Mar 03Financial Position Analysis
Short Term Liabilities: 688630's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥389.4M).
Long Term Liabilities: 688630's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥80.1M).
Debt to Equity History and Analysis
Debt Level: 688630 has more cash than its total debt.
Reducing Debt: 688630's debt to equity ratio has reduced from 0.9% to 0.6% over the past 5 years.
Debt Coverage: 688630's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688630 earns more interest than it pays, so coverage of interest payments is not a concern.