Tech Semiconductors Balance Sheet Health
Financial Health criteria checks 6/6
Tech Semiconductors has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥87.6M respectively. Tech Semiconductors's EBIT is CN¥15.9M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥715.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥715.44m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥87.56m |
| Total assets | CN¥1.18b |
Financial Position Analysis
Short Term Liabilities: 300046's short term assets (CN¥963.3M) exceed its short term liabilities (CN¥84.2M).
Long Term Liabilities: 300046's short term assets (CN¥963.3M) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 300046 is debt free.
Reducing Debt: 300046 had no debt 5 years ago.
Debt Coverage: 300046 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300046 has no debt, therefore coverage of interest payments is not a concern.