Jiangxi Sanxin MedtecLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Sanxin MedtecLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥222.5M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥2.0B and CN¥683.5M respectively. Jiangxi Sanxin MedtecLtd's EBIT is CN¥223.4M making its interest coverage ratio -22.2. It has cash and short-term investments of CN¥334.6M.
Key information
16.7%
Debt to equity ratio
CN¥222.55m
Debt
| Interest coverage ratio | -22.2x |
| Cash | CN¥334.57m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥683.46m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300453's short term assets (CN¥659.6M) exceed its short term liabilities (CN¥501.0M).
Long Term Liabilities: 300453's short term assets (CN¥659.6M) exceed its long term liabilities (CN¥182.5M).
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 increased from 15.2% to 16.7% over the past 5 years.
Debt Coverage: 300453's debt is well covered by operating cash flow (184.3%).
Interest Coverage: 300453 earns more interest than it pays, so coverage of interest payments is not a concern.