Shanghai Sanyou Medical Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Sanyou Medical has a total shareholder equity of CN¥2.0B and total debt of CN¥7.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.3B and CN¥240.0M respectively. Shanghai Sanyou Medical's EBIT is CN¥36.7M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥559.1M.
Key information
0.4%
Debt to equity ratio
CN¥7.72m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥559.05m |
| Equity | CN¥2.05b |
| Total liabilities | CN¥239.99m |
| Total assets | CN¥2.29b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Shanghai Sanyou Medical (SHSE:688085) Shareholders
Nov 04
Shanghai Sanyou Medical Co., Ltd's (SHSE:688085) 26% Jump Shows Its Popularity With Investors
Oct 28Returns On Capital Signal Tricky Times Ahead For Shanghai Sanyou Medical (SHSE:688085)
Oct 01Shanghai Sanyou Medical's (SHSE:688085) Soft Earnings Are Actually Better Than They Appear
May 02Calculating The Fair Value Of Shanghai Sanyou Medical Co., Ltd (SHSE:688085)
Apr 16Market Participants Recognise Shanghai Sanyou Medical Co., Ltd's (SHSE:688085) Earnings Pushing Shares 25% Higher
Mar 04Financial Position Analysis
Short Term Liabilities: 688085's short term assets (CN¥886.3M) exceed its short term liabilities (CN¥201.1M).
Long Term Liabilities: 688085's short term assets (CN¥886.3M) exceed its long term liabilities (CN¥38.9M).
Debt to Equity History and Analysis
Debt Level: 688085 has more cash than its total debt.
Reducing Debt: 688085's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 688085's debt is well covered by operating cash flow (1368.5%).
Interest Coverage: 688085 earns more interest than it pays, so coverage of interest payments is not a concern.