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¥604.8M and total debt of CN¥38.1M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥694.9M and CN¥90.1M respectively. Kontour (Xi'an) Medical Technology's EBIT is CN¥88.6M making its interest coverage ratio -28.4. It has cash and short-term investments of CN¥393.9M.
Key information
6.3%
Debt to equity ratio
CN¥38.10m
Debt
Interest coverage ratio | -28.4x |
Cash | CN¥393.93m |
Equity | CN¥604.77m |
Total liabilities | CN¥90.10m |
Total assets | CN¥694.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688314's short term assets (CN¥439.0M) exceed its short term liabilities (CN¥80.5M).
Long Term Liabilities: 688314's short term assets (CN¥439.0M) exceed its long term liabilities (CN¥9.6M).
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 3.4% to 6.3% over the past 5 years.
Debt Coverage: 688314's debt is well covered by operating cash flow (275.5%).
Interest Coverage: 688314 earns more interest than it pays, so coverage of interest payments is not a concern.