Shenzhen Glory MedicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Glory MedicalLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥289.7M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥3.9B and CN¥1.1B respectively.
Key information
10.5%
Debt to equity ratio
CN¥289.67m
Debt
Interest coverage ratio | n/a |
Cash | CN¥864.58m |
Equity | CN¥2.77b |
Total liabilities | CN¥1.14b |
Total assets | CN¥3.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002551's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥785.4M).
Long Term Liabilities: 002551's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥352.4M).
Debt to Equity History and Analysis
Debt Level: 002551 has more cash than its total debt.
Reducing Debt: 002551's debt to equity ratio has reduced from 32.6% to 10.5% over the past 5 years.
Debt Coverage: 002551's debt is well covered by operating cash flow (35.5%).
Interest Coverage: Insufficient data to determine if 002551's interest payments on its debt are well covered by EBIT.