Nanjing Medlander Medical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Medlander Medical TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥6.7M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.6B and CN¥148.4M respectively. Nanjing Medlander Medical TechnologyLtd's EBIT is CN¥73.1M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥1.0B.
Key information
0.5%
Debt to equity ratio
CN¥6.73m
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥1.02b |
Equity | CN¥1.41b |
Total liabilities | CN¥148.42m |
Total assets | CN¥1.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688273's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥122.4M).
Long Term Liabilities: 688273's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥26.0M).
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 15.1% to 0.5% over the past 5 years.
Debt Coverage: 688273's debt is well covered by operating cash flow (1773.3%).
Interest Coverage: 688273 earns more interest than it pays, so coverage of interest payments is not a concern.