INKON Life Technology Balance Sheet Health
Financial Health criteria checks 5/6
INKON Life Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥291.5M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively. INKON Life Technology's EBIT is CN¥116.7M making its interest coverage ratio -82.4. It has cash and short-term investments of CN¥559.3M.
Key information
20.2%
Debt to equity ratio
CN¥291.53m
Debt
| Interest coverage ratio | -82.4x |
| Cash | CN¥559.28m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥2.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300143's short term assets (CN¥908.3M) exceed its short term liabilities (CN¥794.2M).
Long Term Liabilities: 300143's short term assets (CN¥908.3M) exceed its long term liabilities (CN¥283.7M).
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 increased from 19.2% to 20.2% over the past 5 years.
Debt Coverage: 300143's debt is well covered by operating cash flow (102.6%).
Interest Coverage: 300143 earns more interest than it pays, so coverage of interest payments is not a concern.