Contec Medical SystemsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Contec Medical SystemsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥805.1M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are CN¥2.8B and CN¥899.1M respectively.
Key information
41.6%
Debt to equity ratio
CN¥805.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.38b |
| Equity | CN¥1.93b |
| Total liabilities | CN¥899.15m |
| Total assets | CN¥2.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300869's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥173.4M).
Long Term Liabilities: 300869's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥725.7M).
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 2.2% to 41.6% over the past 5 years.
Debt Coverage: 300869's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: Insufficient data to determine if 300869's interest payments on its debt are well covered by EBIT.