Chengdu Zhimingda Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Zhimingda Electronics has a total shareholder equity of CN¥1.1B and total debt of CN¥72.6M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥1.5B and CN¥409.5M respectively. Chengdu Zhimingda Electronics's EBIT is CN¥6.7M making its interest coverage ratio 1. It has cash and short-term investments of CN¥14.2M.
Key information
6.7%
Debt to equity ratio
CN¥72.58m
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥14.21m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥409.50m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥377.1M).
Long Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥32.4M).
Debt to Equity History and Analysis
Debt Level: 688636's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 688636's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688636's debt is well covered by operating cash flow (150%).
Interest Coverage: 688636's interest payments on its debt are not well covered by EBIT (1x coverage).