GKHT Medical Technology Balance Sheet Health
Financial Health criteria checks 6/6
GKHT Medical Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are CN¥6.9B and CN¥4.4B respectively. GKHT Medical Technology's EBIT is CN¥254.9M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥880.4M.
Key information
50.4%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥880.43m |
| Equity | CN¥2.52b |
| Total liabilities | CN¥4.43b |
| Total assets | CN¥6.95b |
Recent financial health updates
Recent updates
Why GKHT Medical Technology's (SZSE:301370) Earnings Are Better Than They Seem
Nov 04
Earnings Not Telling The Story For GKHT Medical Technology Co., Ltd. (SZSE:301370) After Shares Rise 31%
Oct 01GKHT Medical Technology Co., Ltd.'s (SZSE:301370) Popularity With Investors Is Under Threat From Overpricing
Aug 14Investors Could Be Concerned With GKHT Medical Technology's (SZSE:301370) Returns On Capital
Jul 17These 4 Measures Indicate That GKHT Medical Technology (SZSE:301370) Is Using Debt Reasonably Well
Jun 07Shareholders Will Be Pleased With The Quality of GKHT Medical Technology's (SZSE:301370) Earnings
May 01Financial Position Analysis
Short Term Liabilities: 301370's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 301370's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥203.9M).
Debt to Equity History and Analysis
Debt Level: 301370's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 301370's debt to equity ratio has reduced from 180.9% to 50.4% over the past 5 years.
Debt Coverage: 301370's debt is well covered by operating cash flow (82%).
Interest Coverage: 301370's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 02:30 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GKHT Medical Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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