Allgens Medical Technology Balance Sheet Health
Financial Health criteria checks 5/6
Allgens Medical Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥49.1M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥1.5B and CN¥104.7M respectively. Allgens Medical Technology's EBIT is CN¥21.2M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥1.1B.
Key information
3.5%
Debt to equity ratio
CN¥49.12m
Debt
Interest coverage ratio | -7.3x |
Cash | CN¥1.08b |
Equity | CN¥1.42b |
Total liabilities | CN¥104.66m |
Total assets | CN¥1.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688613's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥32.7M).
Long Term Liabilities: 688613's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥72.0M).
Debt to Equity History and Analysis
Debt Level: 688613 has more cash than its total debt.
Reducing Debt: 688613's debt to equity ratio has increased from 3.4% to 3.5% over the past 5 years.
Debt Coverage: 688613's debt is well covered by operating cash flow (75.6%).
Interest Coverage: 688613 earns more interest than it pays, so coverage of interest payments is not a concern.