INKON Life Technology Balance Sheet Health
Financial Health criteria checks 5/6
INKON Life Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥321.8M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively. INKON Life Technology's EBIT is CN¥128.6M making its interest coverage ratio -182.7. It has cash and short-term investments of CN¥415.5M.
Key information
21.9%
Debt to equity ratio
CN¥321.80m
Debt
| Interest coverage ratio | -182.7x |
| Cash | CN¥415.54m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300143's short term assets (CN¥938.6M) exceed its short term liabilities (CN¥796.9M).
Long Term Liabilities: 300143's short term assets (CN¥938.6M) exceed its long term liabilities (CN¥311.8M).
Debt to Equity History and Analysis
Debt Level: 300143 has more cash than its total debt.
Reducing Debt: 300143's debt to equity ratio has increased from 16.6% to 21.9% over the past 5 years.
Debt Coverage: 300143's debt is well covered by operating cash flow (78.6%).
Interest Coverage: 300143 earns more interest than it pays, so coverage of interest payments is not a concern.