INKON Life Technology Balance Sheet Health
Financial Health criteria checks 6/6
INKON Life Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥260.2M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively. INKON Life Technology's EBIT is CN¥121.0M making its interest coverage ratio -107.6. It has cash and short-term investments of CN¥578.6M.
Key information
18.4%
Debt to equity ratio
CN¥260.20m
Debt
Interest coverage ratio | -107.6x |
Cash | CN¥578.58m |
Equity | CN¥1.41b |
Total liabilities | CN¥1.11b |
Total assets | CN¥2.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300143's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥847.1M).
Long Term Liabilities: 300143's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥260.1M).
Debt to Equity History and Analysis
Debt Level: 300143 has more cash than its total debt.
Reducing Debt: 300143's debt to equity ratio has reduced from 19.3% to 18.4% over the past 5 years.
Debt Coverage: 300143's debt is well covered by operating cash flow (97.5%).
Interest Coverage: 300143 earns more interest than it pays, so coverage of interest payments is not a concern.