Ningbo David Medical Device Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo David Medical Device has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥163.5M respectively. Ningbo David Medical Device's EBIT is CN¥118.4M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥726.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥726.52m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥163.52m |
| Total assets | CN¥1.36b |
Financial Position Analysis
Short Term Liabilities: 300314's short term assets (CN¥964.6M) exceed its short term liabilities (CN¥150.2M).
Long Term Liabilities: 300314's short term assets (CN¥964.6M) exceed its long term liabilities (CN¥13.3M).
Debt to Equity History and Analysis
Debt Level: 300314 is debt free.
Reducing Debt: 300314 has not had any debt for past 5 years.
Debt Coverage: 300314 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300314 has no debt, therefore coverage of interest payments is not a concern.