Shanghai Orient-Chip TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Orient-Chip TechnologyLTD has a total shareholder equity of CN¥2.5B and total debt of CN¥2.4M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥2.7B and CN¥221.0M respectively.
Key information
0.1%
Debt to equity ratio
CN¥2.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.51b |
| Equity | CN¥2.49b |
| Total liabilities | CN¥220.99m |
| Total assets | CN¥2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688061's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥182.5M).
Long Term Liabilities: 688061's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥38.5M).
Debt to Equity History and Analysis
Debt Level: 688061 has more cash than its total debt.
Reducing Debt: 688061's debt to equity ratio has reduced from 20.1% to 0.1% over the past 5 years.
Debt Coverage: 688061's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688061's interest payments on its debt are well covered by EBIT.