Wuxi Chipown Micro-electronics Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Chipown Micro-electronics has a total shareholder equity of CN¥2.5B and total debt of CN¥227.1M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥2.9B and CN¥413.5M respectively. Wuxi Chipown Micro-electronics's EBIT is CN¥34.8M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.8B.
Key information
9.2%
Debt to equity ratio
CN¥227.14m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥1.84b |
| Equity | CN¥2.46b |
| Total liabilities | CN¥413.47m |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥398.2M).
Long Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥15.3M).
Debt to Equity History and Analysis
Debt Level: 688508 has more cash than its total debt.
Reducing Debt: 688508's debt to equity ratio has increased from 0% to 9.2% over the past 5 years.
Debt Coverage: 688508's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 688508 earns more interest than it pays, so coverage of interest payments is not a concern.