Winner Medical Balance Sheet Health
Financial Health criteria checks 5/6
Winner Medical has a total shareholder equity of CN¥12.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥16.5B and CN¥4.3B respectively. Winner Medical's EBIT is CN¥387.8M making its interest coverage ratio -2. It has cash and short-term investments of CN¥6.3B.
Key information
13.1%
Debt to equity ratio
CN¥1.59b
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥6.28b |
| Equity | CN¥12.16b |
| Total liabilities | CN¥4.33b |
| Total assets | CN¥16.49b |
Recent financial health updates
Recent updates
There May Be Reason For Hope In Winner Medical's (SZSE:300888) Disappointing Earnings
May 01
There Are Reasons To Feel Uneasy About Winner Medical's (SZSE:300888) Returns On Capital
Apr 26Estimating The Fair Value Of Winner Medical Co., Ltd. (SZSE:300888)
Apr 08Does Winner Medical (SZSE:300888) Have A Healthy Balance Sheet?
Mar 17There's No Escaping Winner Medical Co., Ltd.'s (SZSE:300888) Muted Earnings
Feb 28Financial Position Analysis
Short Term Liabilities: 300888's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 300888's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥716.1M).
Debt to Equity History and Analysis
Debt Level: 300888 has more cash than its total debt.
Reducing Debt: 300888's debt to equity ratio has increased from 10.4% to 13.1% over the past 5 years.
Debt Coverage: 300888's debt is well covered by operating cash flow (70.5%).
Interest Coverage: 300888 earns more interest than it pays, so coverage of interest payments is not a concern.