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¥42.0B and total debt of CN¥121.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥57.6B and CN¥15.6B respectively. Shenzhen Mindray Bio-Medical Electronics's EBIT is CN¥13.5B making its interest coverage ratio -17.4. It has cash and short-term investments of CN¥17.7B.
Key information
0.3%
Debt to equity ratio
CN¥121.66m
Debt
| Interest coverage ratio | -17.4x |
| Cash | CN¥17.66b |
| Equity | CN¥42.01b |
| Total liabilities | CN¥15.59b |
| Total assets | CN¥57.60b |
Recent financial health updates
Recent updates
Is There An Opportunity With Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) 27% Undervaluation?
Oct 24
Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Ticks All The Boxes When It Comes To Earnings Growth
Oct 08Risks To Shareholder Returns Are Elevated At These Prices For Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (SZSE:300760)
Aug 12Shareholders Would Enjoy A Repeat Of Shenzhen Mindray Bio-Medical Electronics' (SZSE:300760) Recent Growth In Returns
Jul 28Estimating The Fair Value Of Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (SZSE:300760)
Jun 06These 4 Measures Indicate That Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Is Using Debt Safely
May 21Analysts 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¥27.1B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 300760's short term assets (CN¥27.1B) exceed its long term liabilities (CN¥4.0B).
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 (11807.3%).
Interest Coverage: 300760 earns more interest than it pays, so coverage of interest payments is not a concern.