Allmed Medical ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Allmed Medical ProductsLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥837.8M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥5.2B and CN¥1.8B respectively. Allmed Medical ProductsLtd's EBIT is CN¥275.5M making its interest coverage ratio 14.1. It has cash and short-term investments of CN¥694.6M.
Key information
24.9%
Debt to equity ratio
CN¥837.81m
Debt
| Interest coverage ratio | 14.1x |
| Cash | CN¥694.64m |
| Equity | CN¥3.36b |
| Total liabilities | CN¥1.80b |
| Total assets | CN¥5.16b |
Recent financial health updates
Recent updates
Allmed Medical ProductsLtd's (SZSE:002950) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06
Pinning Down Allmed Medical Products Co.,Ltd's (SZSE:002950) P/E Is Difficult Right Now
Sep 29Allmed Medical ProductsLtd (SZSE:002950) Is Paying Out Less In Dividends Than Last Year
Jun 16Little Excitement Around Allmed Medical Products Co.,Ltd's (SZSE:002950) Revenues
Jun 07There May Be Some Bright Spots In Allmed Medical ProductsLtd's (SZSE:002950) Earnings
May 06Allmed Medical ProductsLtd (SZSE:002950) May Have Issues Allocating Its Capital
Apr 30Allmed Medical ProductsLtd (SZSE:002950) Has A Pretty Healthy Balance Sheet
Feb 27Financial Position Analysis
Short Term Liabilities: 002950's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002950's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥530.0M).
Debt to Equity History and Analysis
Debt Level: 002950's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 002950's debt to equity ratio has reduced from 33.3% to 24.9% over the past 5 years.
Debt Coverage: 002950's debt is well covered by operating cash flow (57.4%).
Interest Coverage: 002950's interest payments on its debt are well covered by EBIT (14.1x coverage).