Shenzhen Mindray Bio-Medical Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Mindray Bio-Medical Electronics has a total shareholder equity of CN¥36.4B and total debt of CN¥106.9M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥50.8B and CN¥14.4B respectively. Shenzhen Mindray Bio-Medical Electronics's EBIT is CN¥12.7B making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥21.2B.
Key information
0.3%
Debt to equity ratio
CN¥106.91m
Debt
| Interest coverage ratio | -14.8x |
| Cash | CN¥21.19b |
| Equity | CN¥36.43b |
| Total liabilities | CN¥14.40b |
| Total assets | CN¥50.83b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Is Using Debt Safely
May 21
Analysts Have Made A Financial Statement On Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) First-Quarter Report
Apr 30Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) Share Price Not Quite Adding Up
Apr 21Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Looks To Prolong Its Impressive Returns
Apr 02Financial Position Analysis
Short Term Liabilities: 300760's short term assets (CN¥29.7B) exceed its short term liabilities (CN¥11.1B).
Long Term Liabilities: 300760's short term assets (CN¥29.7B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 300760 has more cash than its total debt.
Reducing Debt: 300760's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 300760's debt is well covered by operating cash flow (11779.7%).
Interest Coverage: 300760 earns more interest than it pays, so coverage of interest payments is not a concern.