Contec Medical SystemsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Contec Medical SystemsLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥940.6M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥3.1B and CN¥1.0B respectively.
Key information
45.9%
Debt to equity ratio
CN¥940.56m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.63b |
Equity | CN¥2.05b |
Total liabilities | CN¥1.05b |
Total assets | CN¥3.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300869's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥333.6M).
Long Term Liabilities: 300869's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥715.7M).
Debt to Equity History and Analysis
Debt Level: 300869 has more cash than its total debt.
Reducing Debt: 300869's debt to equity ratio has increased from 0% to 45.9% over the past 5 years.
Debt Coverage: 300869's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: Insufficient data to determine if 300869's interest payments on its debt are well covered by EBIT.