Autobio Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Autobio Diagnostics has a total shareholder equity of CN¥8.9B and total debt of CN¥484.3M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥11.6B and CN¥2.8B respectively. Autobio Diagnostics's EBIT is CN¥1.3B making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥1.6B.
Key information
5.5%
Debt to equity ratio
CN¥484.25m
Debt
Interest coverage ratio | -12.4x |
Cash | CN¥1.58b |
Equity | CN¥8.85b |
Total liabilities | CN¥2.75b |
Total assets | CN¥11.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603658's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 603658's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥695.1M).
Debt to Equity History and Analysis
Debt Level: 603658 has more cash than its total debt.
Reducing Debt: 603658's debt to equity ratio has reduced from 8.1% to 5.5% over the past 5 years.
Debt Coverage: 603658's debt is well covered by operating cash flow (329.3%).
Interest Coverage: 603658 earns more interest than it pays, so coverage of interest payments is not a concern.