Shanghai Kinetic Medical Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kinetic Medical has a total shareholder equity of CN¥3.0B and total debt of CN¥135.5M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥3.4B and CN¥370.3M respectively. Shanghai Kinetic Medical's EBIT is CN¥26.0M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.0B.
Key information
4.5%
Debt to equity ratio
CN¥135.54m
Debt
Interest coverage ratio | -3.1x |
Cash | CN¥1.00b |
Equity | CN¥3.00b |
Total liabilities | CN¥370.31m |
Total assets | CN¥3.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300326's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥299.4M).
Long Term Liabilities: 300326's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥70.9M).
Debt to Equity History and Analysis
Debt Level: 300326 has more cash than its total debt.
Reducing Debt: 300326's debt to equity ratio has reduced from 23% to 4.5% over the past 5 years.
Debt Coverage: 300326's debt is well covered by operating cash flow (99.4%).
Interest Coverage: 300326 earns more interest than it pays, so coverage of interest payments is not a concern.