Shanghai Fudan Microelectronics Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Fudan Microelectronics Group has a total shareholder equity of CN¥6.0B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥8.4B and CN¥2.4B respectively. Shanghai Fudan Microelectronics Group's EBIT is CN¥622.7M making its interest coverage ratio 78.3. It has cash and short-term investments of CN¥1.0B.
Key information
24.8%
Debt to equity ratio
CN¥1.48b
Debt
Interest coverage ratio | 78.3x |
Cash | CN¥1.03b |
Equity | CN¥5.96b |
Total liabilities | CN¥2.45b |
Total assets | CN¥8.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688385's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 688385's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥570.3M).
Debt to Equity History and Analysis
Debt Level: 688385's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 688385's debt to equity ratio has increased from 0% to 24.8% over the past 5 years.
Debt Coverage: 688385's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688385's interest payments on its debt are well covered by EBIT (78.3x coverage).