Guangdong Transtek Medical Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Transtek Medical Electronics has a total shareholder equity of CN¥1.0B and total debt of CN¥149.7M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥1.6B and CN¥538.2M respectively. Guangdong Transtek Medical Electronics's EBIT is CN¥63.6M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥691.1M.
Key information
14.7%
Debt to equity ratio
CN¥149.70m
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥691.06m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥538.22m |
| Total assets | CN¥1.55b |
Recent financial health updates
No updates
Recent updates
Guangdong Transtek Medical Electronics (SZSE:300562) Has Some Way To Go To Become A Multi-Bagger
Nov 25
Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562) Stock Rockets 28% But Many Are Still Ignoring The Company
Aug 26Estimating The Fair Value Of Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562)
Apr 23Guangdong Transtek Medical Electronics' (SZSE:300562) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 01The Market Lifts Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562) Shares 36% But It Can Do More
Mar 08Financial Position Analysis
Short Term Liabilities: 300562's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥496.4M).
Long Term Liabilities: 300562's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥41.8M).
Debt to Equity History and Analysis
Debt Level: 300562 has more cash than its total debt.
Reducing Debt: 300562's debt to equity ratio has increased from 11.3% to 14.7% over the past 5 years.
Debt Coverage: 300562's debt is well covered by operating cash flow (67.7%).
Interest Coverage: 300562 earns more interest than it pays, so coverage of interest payments is not a concern.