Chengdu Sino-Microelectronics Tech Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Sino-Microelectronics Tech has a total shareholder equity of CN¥2.8B and total debt of CN¥689.6M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are CN¥3.8B and CN¥985.7M respectively. Chengdu Sino-Microelectronics Tech's EBIT is CN¥273.3M making its interest coverage ratio 26.6. It has cash and short-term investments of CN¥1.6B.
Key information
24.6%
Debt to equity ratio
CN¥689.60m
Debt
Interest coverage ratio | 26.6x |
Cash | CN¥1.58b |
Equity | CN¥2.81b |
Total liabilities | CN¥985.70m |
Total assets | CN¥3.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688709's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥690.9M).
Long Term Liabilities: 688709's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥294.7M).
Debt to Equity History and Analysis
Debt Level: 688709 has more cash than its total debt.
Reducing Debt: 688709's debt to equity ratio has increased from 19.3% to 24.6% over the past 5 years.
Debt Coverage: 688709's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 688709's interest payments on its debt are well covered by EBIT (26.6x coverage).