Flaircomm Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Flaircomm Microelectronics has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥430.5M respectively. Flaircomm Microelectronics's EBIT is CN¥187.4M making its interest coverage ratio -47.5. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -47.5x |
| Cash | CN¥1.03b |
| Equity | CN¥1.26b |
| Total liabilities | CN¥430.53m |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301600's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥418.1M).
Long Term Liabilities: 301600's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 301600 is debt free.
Reducing Debt: 301600 has no debt compared to 5 years ago when its debt to equity ratio was 4.2%.
Debt Coverage: 301600 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301600 has no debt, therefore coverage of interest payments is not a concern.