Double Medical Technology Balance Sheet Health
Financial Health criteria checks 4/6
Double Medical Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥465.3M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥4.5B and CN¥1.3B respectively.
Key information
14.5%
Debt to equity ratio
CN¥465.31m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.55b |
Equity | CN¥3.21b |
Total liabilities | CN¥1.29b |
Total assets | CN¥4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002901's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002901's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥265.0M).
Debt to Equity History and Analysis
Debt Level: 002901 has more cash than its total debt.
Reducing Debt: 002901's debt to equity ratio has increased from 0% to 14.5% over the past 5 years.
Debt Coverage: 002901's debt is well covered by operating cash flow (21.8%).
Interest Coverage: Insufficient data to determine if 002901's interest payments on its debt are well covered by EBIT.