CETC Chips Technology Balance Sheet Health
Financial Health criteria checks 6/6
CETC Chips Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.9B and CN¥426.9M respectively. CETC Chips Technology's EBIT is CN¥180.2M making its interest coverage ratio -82.3. It has cash and short-term investments of CN¥773.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -82.3x |
| Cash | CN¥773.66m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥426.93m |
| Total assets | CN¥2.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600877's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥416.9M).
Long Term Liabilities: 600877's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 600877 is debt free.
Reducing Debt: 600877 has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.
Debt Coverage: 600877 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600877 has no debt, therefore coverage of interest payments is not a concern.