Nexchip Semiconductor Balance Sheet Health
Financial Health criteria checks 2/6
Nexchip Semiconductor has a total shareholder equity of CN¥21.7B and total debt of CN¥20.8B, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are CN¥48.3B and CN¥26.6B respectively. Nexchip Semiconductor's EBIT is CN¥509.3M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥8.5B.
Key information
96.0%
Debt to equity ratio
CN¥20.83b
Debt
| Interest coverage ratio | 3.3x |
| Cash | CN¥8.49b |
| Equity | CN¥21.69b |
| Total liabilities | CN¥26.62b |
| Total assets | CN¥48.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688249's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥8.9B).
Long Term Liabilities: 688249's short term assets (CN¥10.9B) do not cover its long term liabilities (CN¥17.7B).
Debt to Equity History and Analysis
Debt Level: 688249's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 688249's debt to equity ratio has increased from 93.3% to 96% over the past 5 years.
Debt Coverage: 688249's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 688249's interest payments on its debt are well covered by EBIT (3.3x coverage).