Shanghai Fudan Microelectronics Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Fudan Microelectronics Group has a total shareholder equity of CN¥5.8B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are CN¥8.1B and CN¥2.3B respectively. Shanghai Fudan Microelectronics Group's EBIT is CN¥744.8M making its interest coverage ratio 430.5. It has cash and short-term investments of CN¥772.3M.
Key information
24.5%
Debt to equity ratio
CN¥1.42b
Debt
Interest coverage ratio | 430.5x |
Cash | CN¥772.32m |
Equity | CN¥5.80b |
Total liabilities | CN¥2.34b |
Total assets | CN¥8.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFDM.Y's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: SFDM.Y's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥629.9M).
Debt to Equity History and Analysis
Debt Level: SFDM.Y's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: SFDM.Y's debt to equity ratio has increased from 0% to 24.5% over the past 5 years.
Debt Coverage: SFDM.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SFDM.Y's interest payments on its debt are well covered by EBIT (430.5x coverage).