Wuxi Holyview MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Holyview MicroelectronicsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥3.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.8B and CN¥243.3M respectively. Wuxi Holyview MicroelectronicsLtd's EBIT is CN¥158.1M making its interest coverage ratio -278.3. It has cash and short-term investments of CN¥908.7M.
Key information
0.2%
Debt to equity ratio
CN¥3.92m
Debt
Interest coverage ratio | -278.3x |
Cash | CN¥908.70m |
Equity | CN¥1.58b |
Total liabilities | CN¥243.31m |
Total assets | CN¥1.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603375's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥240.2M).
Long Term Liabilities: 603375's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥3.2M).
Debt to Equity History and Analysis
Debt Level: 603375 has more cash than its total debt.
Reducing Debt: 603375's debt to equity ratio has reduced from 2.8% to 0.2% over the past 5 years.
Debt Coverage: 603375's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603375 earns more interest than it pays, so coverage of interest payments is not a concern.