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¥151.8M making its interest coverage ratio 6.9. 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 | 6.9x |
Cash | CN¥551.40m |
Equity | CN¥3.30b |
Total liabilities | CN¥1.85b |
Total assets | CN¥5.15b |
Recent financial health updates
Recent updates
Little 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¥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's interest payments on its debt are well covered by EBIT (6.9x coverage).