Circuit Fabology Microelectronics EquipmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Circuit Fabology Microelectronics EquipmentLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥16.2M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥2.7B and CN¥641.3M respectively. Circuit Fabology Microelectronics EquipmentLtd's EBIT is CN¥207.3M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥787.0M.
Key information
0.8%
Debt to equity ratio
CN¥16.19m
Debt
| Interest coverage ratio | -7.4x |
| Cash | CN¥787.03m |
| Equity | CN¥2.06b |
| Total liabilities | CN¥641.33m |
| Total assets | CN¥2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688630's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥570.7M).
Long Term Liabilities: 688630's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥70.6M).
Debt to Equity History and Analysis
Debt Level: 688630 has more cash than its total debt.
Reducing Debt: 688630's debt to equity ratio has increased from 0.2% to 0.8% over the past 5 years.
Debt Coverage: 688630's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688630 earns more interest than it pays, so coverage of interest payments is not a concern.