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¥280.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are CN¥3.9B and CN¥1.2B respectively.
Key information
10.2%
Debt to equity ratio
CN¥280.36m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥905.57m |
| Equity | CN¥2.76b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002551's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002551's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥142.0M).
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 33.1% to 10.2% over the past 5 years.
Debt Coverage: 002551's debt is well covered by operating cash flow (37.7%).
Interest Coverage: Insufficient data to determine if 002551's interest payments on its debt are well covered by EBIT.