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¥126.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥1.5B and CN¥514.2M respectively. Guangdong Transtek Medical Electronics's EBIT is CN¥32.4M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥652.0M.
Key information
12.3%
Debt to equity ratio
CN¥126.24m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥651.99m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥514.23m |
| Total assets | CN¥1.54b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562)
Apr 23
Guangdong 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¥991.9M) exceed its short term liabilities (CN¥471.4M).
Long Term Liabilities: 300562's short term assets (CN¥991.9M) exceed its long term liabilities (CN¥42.8M).
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 7.2% to 12.3% over the past 5 years.
Debt Coverage: 300562's debt is well covered by operating cash flow (56.4%).
Interest Coverage: 300562 earns more interest than it pays, so coverage of interest payments is not a concern.