Jiangxi Sanxin MedtecLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Sanxin MedtecLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥277.8M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥2.2B and CN¥829.9M respectively. Jiangxi Sanxin MedtecLtd's EBIT is CN¥238.0M making its interest coverage ratio -30.8. It has cash and short-term investments of CN¥404.1M.
Key information
20.9%
Debt to equity ratio
CN¥277.82m
Debt
| Interest coverage ratio | -30.8x |
| Cash | CN¥404.12m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥829.86m |
| Total assets | CN¥2.16b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Jiangxi Sanxin MedtecLtd's (SZSE:300453) Earnings
Oct 21
Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Oct 08Returns Are Gaining Momentum At Jiangxi Sanxin MedtecLtd (SZSE:300453)
Sep 30Jiangxi Sanxin MedtecLtd (SZSE:300453) Is Due To Pay A Dividend Of CN¥0.15
Apr 23Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 04Concerns Surrounding Jiangxi Sanxin MedtecLtd's (SZSE:300453) Performance
Mar 29Financial Position Analysis
Short Term Liabilities: 300453's short term assets (CN¥735.2M) exceed its short term liabilities (CN¥560.4M).
Long Term Liabilities: 300453's short term assets (CN¥735.2M) exceed its long term liabilities (CN¥269.5M).
Debt to Equity History and Analysis
Debt Level: 300453 has more cash than its total debt.
Reducing Debt: 300453's debt to equity ratio has reduced from 26.4% to 20.9% over the past 5 years.
Debt Coverage: 300453's debt is well covered by operating cash flow (163.3%).
Interest Coverage: 300453 earns more interest than it pays, so coverage of interest payments is not a concern.