Wuhan Easy Diagnosis BiomedicineLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuhan Easy Diagnosis BiomedicineLtd has a total shareholder equity of CN¥6.4B and total debt of CN¥138.5M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥7.7B and CN¥1.3B respectively. Wuhan Easy Diagnosis BiomedicineLtd's EBIT is CN¥547.3M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥2.4B.
Key information
2.2%
Debt to equity ratio
CN¥138.55m
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥2.43b |
| Equity | CN¥6.39b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥7.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002932's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002932's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥63.7M).
Debt to Equity History and Analysis
Debt Level: 002932 has more cash than its total debt.
Reducing Debt: 002932's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: 002932's debt is well covered by operating cash flow (1647.5%).
Interest Coverage: 002932 earns more interest than it pays, so coverage of interest payments is not a concern.