Impulse (Qingdao) Health Tech Co.,Ltd.

SZSE:002899 Stock Report

Market Cap: CN¥2.1b

Impulse (Qingdao) Health TechLtd Balance Sheet Health

Financial Health criteria checks 5/6

Impulse (Qingdao) Health TechLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥768.9M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively. Impulse (Qingdao) Health TechLtd's EBIT is CN¥89.4M making its interest coverage ratio -8. It has cash and short-term investments of CN¥441.7M.

Key information

62.0%

Debt to equity ratio

CN¥768.92m

Debt

Interest coverage ratio-8x
CashCN¥441.74m
EquityCN¥1.24b
Total liabilitiesCN¥1.16b
Total assetsCN¥2.40b

Recent financial health updates

No updates

Recent updates

We Think That There Are Issues Underlying Impulse (Qingdao) Health TechLtd's (SZSE:002899) Earnings

May 03
We Think That There Are Issues Underlying Impulse (Qingdao) Health TechLtd's (SZSE:002899) Earnings

Impulse (Qingdao) Health Tech Co.,Ltd. (SZSE:002899) Soars 37% But It's A Story Of Risk Vs Reward

Mar 09
Impulse (Qingdao) Health Tech Co.,Ltd. (SZSE:002899) Soars 37% But It's A Story Of Risk Vs Reward

Financial Position Analysis

Short Term Liabilities: 002899's short term assets (CN¥891.4M) exceed its short term liabilities (CN¥451.4M).

Long Term Liabilities: 002899's short term assets (CN¥891.4M) exceed its long term liabilities (CN¥705.2M).


Debt to Equity History and Analysis

Debt Level: 002899's net debt to equity ratio (26.4%) is considered satisfactory.

Reducing Debt: 002899's debt to equity ratio has increased from 3% to 62% over the past 5 years.

Debt Coverage: 002899's debt is well covered by operating cash flow (20.4%).

Interest Coverage: 002899 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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