Ningbo David Medical Device Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo David Medical Device has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥164.0M respectively. Ningbo David Medical Device's EBIT is CN¥80.7M making its interest coverage ratio -7. It has cash and short-term investments of CN¥622.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7x |
| Cash | CN¥622.80m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥164.03m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300314's short term assets (CN¥884.9M) exceed its short term liabilities (CN¥152.5M).
Long Term Liabilities: 300314's short term assets (CN¥884.9M) exceed its long term liabilities (CN¥11.5M).
Debt to Equity History and Analysis
Debt Level: 300314 is debt free.
Reducing Debt: 300314 has not had any debt for past 5 years.
Debt Coverage: 300314 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300314 has no debt, therefore coverage of interest payments is not a concern.