Shanghai Fudan Microelectronics Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Fudan Microelectronics Group has a total shareholder equity of CN¥6.1B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥8.5B and CN¥2.4B respectively. Shanghai Fudan Microelectronics Group's EBIT is CN¥586.6M making its interest coverage ratio 31.8. It has cash and short-term investments of CN¥886.0M.
Key information
23.6%
Debt to equity ratio
CN¥1.45b
Debt
Interest coverage ratio | 31.8x |
Cash | CN¥886.04m |
Equity | CN¥6.13b |
Total liabilities | CN¥2.36b |
Total assets | CN¥8.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1385's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 1385's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥505.4M).
Debt to Equity History and Analysis
Debt Level: 1385's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 1385's debt to equity ratio has increased from 0% to 23.6% over the past 5 years.
Debt Coverage: 1385's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1385's interest payments on its debt are well covered by EBIT (31.8x coverage).