Blue Sail MedicalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Blue Sail MedicalLtd has a total shareholder equity of CN¥9.5B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are CN¥16.5B and CN¥7.0B respectively.
Key information
41.8%
Debt to equity ratio
CN¥3.96b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.25b |
| Equity | CN¥9.47b |
| Total liabilities | CN¥7.03b |
| Total assets | CN¥16.50b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002382's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 002382's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 002382's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 002382's debt to equity ratio has reduced from 50.3% to 41.8% over the past 5 years.
Debt Coverage: 002382's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002382's interest payments on its debt are well covered by EBIT.