Tongfu MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tongfu MicroelectronicsLtd has a total shareholder equity of CN¥15.4B and total debt of CN¥14.8B, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are CN¥38.1B and CN¥22.6B respectively. Tongfu MicroelectronicsLtd's EBIT is CN¥1.4B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥5.2B.
Key information
95.9%
Debt to equity ratio
CN¥14.80b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥5.19b |
| Equity | CN¥15.44b |
| Total liabilities | CN¥22.64b |
| Total assets | CN¥38.07b |
Recent financial health updates
Here's Why Tongfu MicroelectronicsLtd (SZSE:002156) Has A Meaningful Debt Burden
Oct 30
These 4 Measures Indicate That Tongfu MicroelectronicsLtd (SZSE:002156) Is Using Debt Extensively
Jul 05Recent updates
Tongfu MicroelectronicsLtd's (SZSE:002156) Earnings Are Of Questionable Quality
Nov 05Here's Why Tongfu MicroelectronicsLtd (SZSE:002156) Has A Meaningful Debt Burden
Oct 30Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Shares Bounce 36% But Its Business Still Trails The Industry
Oct 08These 4 Measures Indicate That Tongfu MicroelectronicsLtd (SZSE:002156) Is Using Debt Extensively
Jul 05Revenues Working Against Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Share Price
Jun 12Tongfu MicroelectronicsLtd's (SZSE:002156) Problems Go Beyond Weak Profit
Apr 25Results: Tongfu Microelectronics Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 16Tongfu MicroelectronicsLtd (SZSE:002156) Hasn't Managed To Accelerate Its Returns
Mar 26Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04Financial Position Analysis
Short Term Liabilities: 002156's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: 002156's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 002156's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: 002156's debt to equity ratio has increased from 79.5% to 95.9% over the past 5 years.
Debt Coverage: 002156's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 002156's interest payments on its debt are well covered by EBIT (3.1x coverage).