Beijing Balance Medical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Balance Medical TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥3.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.3B and CN¥118.9M respectively. Beijing Balance Medical TechnologyLtd's EBIT is CN¥81.4M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥253.3M.
Key information
0.3%
Debt to equity ratio
CN¥3.38m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥253.34m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥118.88m |
| Total assets | CN¥1.28b |
Recent financial health updates
No updates
Recent updates
Beijing Balance Medical Technology Co.,Ltd.'s (SHSE:688198) 42% Jump Shows Its Popularity With Investors
Oct 09
Beijing Balance Medical TechnologyLtd (SHSE:688198) Strong Profits May Be Masking Some Underlying Issues
Aug 28Beijing Balance Medical Technology Co.,Ltd. (SHSE:688198) Not Flying Under The Radar
Jul 03If EPS Growth Is Important To You, Beijing Balance Medical TechnologyLtd (SHSE:688198) Presents An Opportunity
Jun 04The Consensus EPS Estimates For Beijing Balance Medical Technology Co.,Ltd. (SHSE:688198) Just Fell A Lot
May 10The Returns On Capital At Beijing Balance Medical TechnologyLtd (SHSE:688198) Don't Inspire Confidence
Apr 11Financial Position Analysis
Short Term Liabilities: 688198's short term assets (CN¥592.6M) exceed its short term liabilities (CN¥65.9M).
Long Term Liabilities: 688198's short term assets (CN¥592.6M) exceed its long term liabilities (CN¥53.0M).
Debt to Equity History and Analysis
Debt Level: 688198 has more cash than its total debt.
Reducing Debt: 688198's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 688198's debt is well covered by operating cash flow (1695.4%).
Interest Coverage: 688198 earns more interest than it pays, so coverage of interest payments is not a concern.