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¥967.1M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are CN¥3.0B and CN¥1.7B respectively. Canature Health Technology's EBIT is CN¥173.3M making its interest coverage ratio 15.8. It has cash and short-term investments of CN¥923.0M.
Key information
72.1%
Debt to equity ratio
CN¥967.12m
Debt
| Interest coverage ratio | 15.8x |
| Cash | CN¥923.05m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥3.03b |
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¥459.3M).
Debt to Equity History and Analysis
Debt Level: 300272's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 300272's debt to equity ratio has increased from 22.4% to 72.1% over the past 5 years.
Debt Coverage: 300272's debt is well covered by operating cash flow (31%).
Interest Coverage: 300272's interest payments on its debt are well covered by EBIT (15.8x coverage).