Hangzhou Silan MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Silan MicroelectronicsLtd has a total shareholder equity of CN¥13.5B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are CN¥24.2B and CN¥10.7B respectively. Hangzhou Silan MicroelectronicsLtd's EBIT is CN¥347.2M making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥4.7B.
Key information
44.3%
Debt to equity ratio
CN¥5.97b
Debt
Interest coverage ratio | 15.3x |
Cash | CN¥4.70b |
Equity | CN¥13.48b |
Total liabilities | CN¥10.71b |
Total assets | CN¥24.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600460's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 600460's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 600460's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 600460's debt to equity ratio has reduced from 63.1% to 44.3% over the past 5 years.
Debt Coverage: 600460's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 600460's interest payments on its debt are well covered by EBIT (15.3x coverage).