Anji Microelectronics Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Anji Microelectronics Technology (Shanghai) has a total shareholder equity of CN¥2.5B and total debt of CN¥239.9M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥3.2B and CN¥672.7M respectively. Anji Microelectronics Technology (Shanghai)'s EBIT is CN¥402.6M making its interest coverage ratio -32.1. It has cash and short-term investments of CN¥809.1M.
Key information
9.4%
Debt to equity ratio
CN¥239.91m
Debt
| Interest coverage ratio | -32.1x |
| Cash | CN¥809.15m |
| Equity | CN¥2.54b |
| Total liabilities | CN¥672.69m |
| Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688019's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥343.7M).
Long Term Liabilities: 688019's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥329.0M).
Debt to Equity History and Analysis
Debt Level: 688019 has more cash than its total debt.
Reducing Debt: 688019's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: 688019's debt is well covered by operating cash flow (196.4%).
Interest Coverage: 688019 earns more interest than it pays, so coverage of interest payments is not a concern.