Canature Health Technology Balance Sheet Health
Financial Health criteria checks 5/6
Canature Health Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥920.0M, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are CN¥3.0B and CN¥1.7B respectively. Canature Health Technology's EBIT is CN¥165.8M making its interest coverage ratio 12.3. It has cash and short-term investments of CN¥895.6M.
Key information
68.7%
Debt to equity ratio
CN¥920.05m
Debt
Interest coverage ratio | 12.3x |
Cash | CN¥895.59m |
Equity | CN¥1.34b |
Total liabilities | CN¥1.66b |
Total assets | CN¥3.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300272's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300272's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥465.3M).
Debt to Equity History and Analysis
Debt Level: 300272's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 300272's debt to equity ratio has increased from 19.6% to 68.7% over the past 5 years.
Debt Coverage: 300272's debt is well covered by operating cash flow (41%).
Interest Coverage: 300272's interest payments on its debt are well covered by EBIT (12.3x coverage).