Allmed Medical ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Allmed Medical ProductsLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥910.8M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥5.2B and CN¥1.9B respectively. Allmed Medical ProductsLtd's EBIT is CN¥309.3M making its interest coverage ratio -59.9. It has cash and short-term investments of CN¥551.4M.
Key information
27.6%
Debt to equity ratio
CN¥910.85m
Debt
| Interest coverage ratio | -59.9x |
| Cash | CN¥551.40m |
| Equity | CN¥3.30b |
| Total liabilities | CN¥1.85b |
| Total assets | CN¥5.15b |
Financial Position Analysis
Short Term Liabilities: 002950's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002950's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥565.6M).
Debt to Equity History and Analysis
Debt Level: 002950's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 002950's debt to equity ratio has reduced from 64.2% to 27.6% over the past 5 years.
Debt Coverage: 002950's debt is well covered by operating cash flow (69.2%).
Interest Coverage: 002950 earns more interest than it pays, so coverage of interest payments is not a concern.