Kontour (Xi'an) Medical Technology Balance Sheet Health
Financial Health criteria checks 5/6
Kontour (Xi'an) Medical Technology has a total shareholder equity of CN¥640.8M and total debt of CN¥37.0M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥737.7M and CN¥96.9M respectively. Kontour (Xi'an) Medical Technology's EBIT is CN¥107.3M making its interest coverage ratio -31.8. It has cash and short-term investments of CN¥377.4M.
Key information
5.8%
Debt to equity ratio
CN¥37.02m
Debt
| Interest coverage ratio | -31.8x |
| Cash | CN¥377.41m |
| Equity | CN¥640.76m |
| Total liabilities | CN¥96.91m |
| Total assets | CN¥737.66m |
Financial Position Analysis
Short Term Liabilities: 688314's short term assets (CN¥417.8M) exceed its short term liabilities (CN¥87.6M).
Long Term Liabilities: 688314's short term assets (CN¥417.8M) exceed its long term liabilities (CN¥9.3M).
Debt to Equity History and Analysis
Debt Level: 688314 has more cash than its total debt.
Reducing Debt: 688314's debt to equity ratio has increased from 4% to 5.8% over the past 5 years.
Debt Coverage: 688314's debt is well covered by operating cash flow (351.5%).
Interest Coverage: 688314 earns more interest than it pays, so coverage of interest payments is not a concern.