Flaircomm Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Flaircomm Microelectronics has a total shareholder equity of CN¥568.9M and total debt of CN¥3.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥958.0M and CN¥389.1M respectively. Flaircomm Microelectronics's EBIT is CN¥174.4M making its interest coverage ratio -182.4. It has cash and short-term investments of CN¥377.3M.
Key information
0.6%
Debt to equity ratio
CN¥3.56m
Debt
| Interest coverage ratio | -182.4x |
| Cash | CN¥377.29m |
| Equity | CN¥568.94m |
| Total liabilities | CN¥389.07m |
| Total assets | CN¥958.02m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301600's short term assets (CN¥920.4M) exceed its short term liabilities (CN¥376.7M).
Long Term Liabilities: 301600's short term assets (CN¥920.4M) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 301600 has more cash than its total debt.
Reducing Debt: 301600's debt to equity ratio has reduced from 8.7% to 0.6% over the past 5 years.
Debt Coverage: 301600's debt is well covered by operating cash flow (2912.8%).
Interest Coverage: 301600 earns more interest than it pays, so coverage of interest payments is not a concern.