Edan Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Edan Instruments has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥249.8M respectively. Edan Instruments's EBIT is CN¥185.7M making its interest coverage ratio -23.4. It has cash and short-term investments of CN¥941.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -23.4x |
Cash | CN¥941.71m |
Equity | CN¥1.96b |
Total liabilities | CN¥249.80m |
Total assets | CN¥2.21b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Edan Instruments, Inc.'s (SZSE:300206) 25% Share Price Plunge
Apr 18Edan Instruments' (SZSE:300206) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 04Edan Instruments, Inc.'s (SZSE:300206) Shares Bounce 28% But Its Business Still Trails The Market
Mar 04Financial Position Analysis
Short Term Liabilities: 300206's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥215.5M).
Long Term Liabilities: 300206's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥34.3M).
Debt to Equity History and Analysis
Debt Level: 300206 is debt free.
Reducing Debt: 300206 had no debt 5 years ago.
Debt Coverage: 300206 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300206 has no debt, therefore coverage of interest payments is not a concern.