Unigroup Guoxin Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Unigroup Guoxin Microelectronics has a total shareholder equity of CN¥12.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are CN¥16.9B and CN¥4.9B respectively. Unigroup Guoxin Microelectronics's EBIT is CN¥2.2B making its interest coverage ratio -17.9. It has cash and short-term investments of CN¥3.6B.
Key information
16.6%
Debt to equity ratio
CN¥1.98b
Debt
Interest coverage ratio | -17.9x |
Cash | CN¥3.62b |
Equity | CN¥11.95b |
Total liabilities | CN¥4.91b |
Total assets | CN¥16.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002049's short term assets (CN¥13.4B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002049's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002049 has more cash than its total debt.
Reducing Debt: 002049's debt to equity ratio has increased from 9.1% to 16.6% over the past 5 years.
Debt Coverage: 002049's debt is well covered by operating cash flow (66.6%).
Interest Coverage: 002049 earns more interest than it pays, so coverage of interest payments is not a concern.