Jiangsu Aisen Semiconductor MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Aisen Semiconductor MaterialLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥152.5M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥1.3B and CN¥256.8M respectively. Jiangsu Aisen Semiconductor MaterialLtd's EBIT is CN¥29.2M making its interest coverage ratio -35.6. It has cash and short-term investments of CN¥381.6M.
Key information
15.0%
Debt to equity ratio
CN¥152.48m
Debt
Interest coverage ratio | -35.6x |
Cash | CN¥381.57m |
Equity | CN¥1.02b |
Total liabilities | CN¥256.84m |
Total assets | CN¥1.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688720's short term assets (CN¥723.3M) exceed its short term liabilities (CN¥215.8M).
Long Term Liabilities: 688720's short term assets (CN¥723.3M) exceed its long term liabilities (CN¥41.1M).
Debt to Equity History and Analysis
Debt Level: 688720 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688720's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688720's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688720 earns more interest than it pays, so coverage of interest payments is not a concern.