Shanghai Kinetic Medical Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kinetic Medical has a total shareholder equity of CN¥3.0B and total debt of CN¥207.2M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥3.4B and CN¥444.0M respectively. Shanghai Kinetic Medical's EBIT is CN¥35.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.1B.
Key information
7.0%
Debt to equity ratio
CN¥207.24m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.07b |
| Equity | CN¥2.97b |
| Total liabilities | CN¥443.99m |
| Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300326's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥370.5M).
Long Term Liabilities: 300326's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥73.5M).
Debt to Equity History and Analysis
Debt Level: 300326 has more cash than its total debt.
Reducing Debt: 300326's debt to equity ratio has reduced from 17.3% to 7% over the past 5 years.
Debt Coverage: 300326's debt is well covered by operating cash flow (94.9%).
Interest Coverage: 300326 earns more interest than it pays, so coverage of interest payments is not a concern.