Shandong Weigao Orthopaedic Device Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Weigao Orthopaedic Device has a total shareholder equity of CN¥3.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.1B and CN¥1.2B respectively. Shandong Weigao Orthopaedic Device's EBIT is CN¥62.3M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥3.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥3.08b |
Equity | CN¥3.87b |
Total liabilities | CN¥1.22b |
Total assets | CN¥5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688161's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688161's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥135.9M).
Debt to Equity History and Analysis
Debt Level: 688161 is debt free.
Reducing Debt: 688161 has not had any debt for past 5 years.
Debt Coverage: 688161 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688161 has no debt, therefore coverage of interest payments is not a concern.