APT Medical Balance Sheet Health
Financial Health criteria checks 6/6
APT Medical has a total shareholder equity of CN¥2.1B and total debt of CN¥10.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.6B and CN¥504.9M respectively. APT Medical's EBIT is CN¥562.7M making its interest coverage ratio -20.6. It has cash and short-term investments of CN¥1.2B.
Key information
0.5%
Debt to equity ratio
CN¥10.81m
Debt
Interest coverage ratio | -20.6x |
Cash | CN¥1.23b |
Equity | CN¥2.10b |
Total liabilities | CN¥504.90m |
Total assets | CN¥2.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688617's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥486.4M).
Long Term Liabilities: 688617's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥18.5M).
Debt to Equity History and Analysis
Debt Level: 688617 has more cash than its total debt.
Reducing Debt: 688617's debt to equity ratio has reduced from 14.5% to 0.5% over the past 5 years.
Debt Coverage: 688617's debt is well covered by operating cash flow (6360.2%).
Interest Coverage: 688617 earns more interest than it pays, so coverage of interest payments is not a concern.