Wuxi ETEK MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi ETEK MicroelectronicsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥10.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.5B and CN¥101.5M respectively. Wuxi ETEK MicroelectronicsLtd's EBIT is CN¥206.3M making its interest coverage ratio -10. It has cash and short-term investments of CN¥971.2M.
Key information
0.8%
Debt to equity ratio
CN¥10.80m
Debt
Interest coverage ratio | -10x |
Cash | CN¥971.22m |
Equity | CN¥1.38b |
Total liabilities | CN¥101.48m |
Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688601's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥96.7M).
Long Term Liabilities: 688601's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥4.8M).
Debt to Equity History and Analysis
Debt Level: 688601 has more cash than its total debt.
Reducing Debt: 688601's debt to equity ratio has increased from 0.1% to 0.8% over the past 5 years.
Debt Coverage: 688601's debt is well covered by operating cash flow (2233.6%).
Interest Coverage: 688601 earns more interest than it pays, so coverage of interest payments is not a concern.