Jiangsu Apon Medical Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Apon Medical Technology has a total shareholder equity of CN¥697.5M and total debt of CN¥48.4M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥840.6M and CN¥143.1M respectively. Jiangsu Apon Medical Technology's EBIT is CN¥764.4K making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥159.6M.
Key information
6.9%
Debt to equity ratio
CN¥48.40m
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥159.59m |
| Equity | CN¥697.46m |
| Total liabilities | CN¥143.13m |
| Total assets | CN¥840.59m |
Recent financial health updates
No updates
Recent updates
Jiangsu Apon Medical Technology Co., Ltd.'s (SZSE:300753) Share Price Boosted 39% But Its Business Prospects Need A Lift Too
Oct 09
Insufficient Growth At Jiangsu Apon Medical Technology Co., Ltd. (SZSE:300753) Hampers Share Price
Jul 02Jiangsu Apon Medical Technology Co., Ltd.'s (SZSE:300753) Share Price Boosted 41% But Its Business Prospects Need A Lift Too
Mar 08Financial Position Analysis
Short Term Liabilities: 300753's short term assets (CN¥434.9M) exceed its short term liabilities (CN¥111.7M).
Long Term Liabilities: 300753's short term assets (CN¥434.9M) exceed its long term liabilities (CN¥31.4M).
Debt to Equity History and Analysis
Debt Level: 300753 has more cash than its total debt.
Reducing Debt: 300753's debt to equity ratio has increased from 0% to 6.9% over the past 5 years.
Debt Coverage: 300753's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 300753's interest payments on its debt are not well covered by EBIT (0.3x coverage).