Intco Medical Technology Balance Sheet Health
Financial Health criteria checks 5/6
Intco Medical Technology has a total shareholder equity of CN¥16.5B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are CN¥29.5B and CN¥12.9B respectively. Intco Medical Technology's EBIT is CN¥109.5M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥15.1B.
Key information
56.6%
Debt to equity ratio
CN¥9.37b
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥15.14b |
Equity | CN¥16.55b |
Total liabilities | CN¥12.90b |
Total assets | CN¥29.45b |
Financial Position Analysis
Short Term Liabilities: 300677's short term assets (CN¥17.9B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: 300677's short term assets (CN¥17.9B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 300677 has more cash than its total debt.
Reducing Debt: 300677's debt to equity ratio has reduced from 63.9% to 56.6% over the past 5 years.
Debt Coverage: 300677's debt is not well covered by operating cash flow (9%).
Interest Coverage: 300677 earns more interest than it pays, so coverage of interest payments is not a concern.