Zhejiang Gongdong Medical Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Gongdong Medical Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥4.9M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.9B and CN¥247.0M respectively. Zhejiang Gongdong Medical Technology's EBIT is CN¥124.0M making its interest coverage ratio -17.6. It has cash and short-term investments of CN¥474.5M.
Key information
0.3%
Debt to equity ratio
CN¥4.92m
Debt
| Interest coverage ratio | -17.6x |
| Cash | CN¥474.49m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥246.99m |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Recent updates
Estimating The Intrinsic Value Of Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369)
Mar 28
Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369) Looks Just Right With A 27% Price Jump
Mar 06Zhejiang Gongdong Medical Technology (SHSE:605369) Is Reinvesting At Lower Rates Of Return
Feb 27Financial Position Analysis
Short Term Liabilities: 605369's short term assets (CN¥890.1M) exceed its short term liabilities (CN¥202.2M).
Long Term Liabilities: 605369's short term assets (CN¥890.1M) exceed its long term liabilities (CN¥44.8M).
Debt to Equity History and Analysis
Debt Level: 605369 has more cash than its total debt.
Reducing Debt: 605369's debt to equity ratio has reduced from 8.4% to 0.3% over the past 5 years.
Debt Coverage: 605369's debt is well covered by operating cash flow (3832.8%).
Interest Coverage: 605369 earns more interest than it pays, so coverage of interest payments is not a concern.