Shenzhen Mindray Bio-Medical Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Mindray Bio-Medical Electronics has a total shareholder equity of CN¥43.7B and total debt of CN¥5.7M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥60.6B and CN¥17.0B respectively. Shenzhen Mindray Bio-Medical Electronics's EBIT is CN¥13.6B making its interest coverage ratio -15.2. It has cash and short-term investments of CN¥20.8B.
Key information
0.01%
Debt to equity ratio
CN¥5.70m
Debt
| Interest coverage ratio | -15.2x |
| Cash | CN¥20.79b |
| Equity | CN¥43.65b |
| Total liabilities | CN¥16.97b |
| Total assets | CN¥60.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300760's short term assets (CN¥30.3B) exceed its short term liabilities (CN¥12.9B).
Long Term Liabilities: 300760's short term assets (CN¥30.3B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 300760 has more cash than its total debt.
Reducing Debt: 300760's debt to equity ratio has increased from 0% to 0.01% over the past 5 years.
Debt Coverage: 300760's debt is well covered by operating cash flow (264237.6%).
Interest Coverage: 300760 earns more interest than it pays, so coverage of interest payments is not a concern.