Nanjing Medlander Medical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Medlander Medical TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥7.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.5B and CN¥167.4M respectively. Nanjing Medlander Medical TechnologyLtd's EBIT is CN¥93.1M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥920.7M.
Key information
0.5%
Debt to equity ratio
CN¥7.00m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥920.72m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥167.38m |
| Total assets | CN¥1.51b |
Financial Position Analysis
Short Term Liabilities: 688273's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥127.4M).
Long Term Liabilities: 688273's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥40.0M).
Debt to Equity History and Analysis
Debt Level: 688273 has more cash than its total debt.
Reducing Debt: 688273's debt to equity ratio has reduced from 11.7% to 0.5% over the past 5 years.
Debt Coverage: 688273's debt is well covered by operating cash flow (1664.8%).
Interest Coverage: 688273 earns more interest than it pays, so coverage of interest payments is not a concern.