Sichuan Gangtong Medical Equipment Group Co., Ltd

SZSE:301515 Stock Report

Market Cap: CN¥2.0b

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¥114.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥1.9B and CN¥608.0M respectively. Sichuan Gangtong Medical Equipment Group's EBIT is CN¥54.3M making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥669.5M.

Key information

8.7%

Debt to equity ratio

CN¥114.00m

Debt

Interest coverage ratio-6.9x
CashCN¥669.47m
EquityCN¥1.31b
Total liabilitiesCN¥607.99m
Total assetsCN¥1.92b

Recent financial health updates

No updates

Recent updates

Sichuan Gangtong Medical Equipment Group's (SZSE:301515) Shareholders Have More To Worry About Than Only Soft Earnings

Oct 30
Sichuan Gangtong Medical Equipment Group's (SZSE:301515) Shareholders Have More To Worry About Than Only Soft Earnings

Sichuan Gangtong Medical Equipment Group (SZSE:301515) Might Be Having Difficulty Using Its Capital Effectively

Oct 02
Sichuan Gangtong Medical Equipment Group (SZSE:301515) Might Be Having Difficulty Using Its Capital Effectively

Financial Position Analysis

Short Term Liabilities: 301515's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥557.0M).

Long Term Liabilities: 301515's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥51.0M).


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 debt is not well covered by operating cash flow (14.6%).

Interest Coverage: 301515 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies