Jiangsu Apon Medical Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Apon Medical Technology has a total shareholder equity of CN¥698.4M and total debt of CN¥49.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥843.7M and CN¥145.3M respectively. Jiangsu Apon Medical Technology's EBIT is CN¥1.5M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥140.9M.
Key information
7.0%
Debt to equity ratio
CN¥49.24m
Debt
Interest coverage ratio | 1.9x |
Cash | CN¥140.94m |
Equity | CN¥698.41m |
Total liabilities | CN¥145.27m |
Total assets | CN¥843.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300753's short term assets (CN¥430.1M) exceed its short term liabilities (CN¥112.1M).
Long Term Liabilities: 300753's short term assets (CN¥430.1M) exceed its long term liabilities (CN¥33.2M).
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 7.1% over the past 5 years.
Debt Coverage: 300753's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300753's interest payments on its debt are not well covered by EBIT (1.9x coverage).