Sichuan Gangtong Medical Equipment Group Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Gangtong Medical Equipment Group has a total shareholder equity of CN¥1.3B and total debt of CN¥154.5M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥2.1B and CN¥734.0M respectively. Sichuan Gangtong Medical Equipment Group's EBIT is CN¥67.3M making its interest coverage ratio -19.2. It has cash and short-term investments of CN¥812.1M.
Key information
11.6%
Debt to equity ratio
CN¥154.47m
Debt
| Interest coverage ratio | -19.2x |
| Cash | CN¥812.14m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥733.95m |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301515's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥692.7M).
Long Term Liabilities: 301515's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥41.3M).
Debt to Equity History and Analysis
Debt Level: 301515 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301515's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301515 earns more interest than it pays, so coverage of interest payments is not a concern.