Tongfu MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Tongfu MicroelectronicsLtd has a total shareholder equity of CN¥15.1B and total debt of CN¥14.5B, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are CN¥36.1B and CN¥21.0B respectively. Tongfu MicroelectronicsLtd's EBIT is CN¥1.3B making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥4.5B.
Key information
95.7%
Debt to equity ratio
CN¥14.47b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥4.48b |
| Equity | CN¥15.11b |
| Total liabilities | CN¥21.00b |
| Total assets | CN¥36.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002156's short term assets (CN¥12.9B) do not cover its short term liabilities (CN¥14.0B).
Long Term Liabilities: 002156's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥7.0B).
Debt to Equity History and Analysis
Debt Level: 002156's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: 002156's debt to equity ratio has increased from 66.4% to 95.7% over the past 5 years.
Debt Coverage: 002156's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 002156's interest payments on its debt are not well covered by EBIT (2.6x coverage).