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¥116.4M making its interest coverage ratio -80.9. 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 | -80.9x |
| Cash | CN¥441.74m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
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.