Zhejiang Gongdong Medical Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Gongdong Medical Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥67.5M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥2.0B and CN¥311.1M respectively. Zhejiang Gongdong Medical Technology's EBIT is CN¥163.0M making its interest coverage ratio -15.4. It has cash and short-term investments of CN¥514.0M.
Key information
4.0%
Debt to equity ratio
CN¥67.51m
Debt
| Interest coverage ratio | -15.4x |
| Cash | CN¥513.97m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥311.10m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605369's short term assets (CN¥925.8M) exceed its short term liabilities (CN¥272.4M).
Long Term Liabilities: 605369's short term assets (CN¥925.8M) exceed its long term liabilities (CN¥38.7M).
Debt to Equity History and Analysis
Debt Level: 605369 has more cash than its total debt.
Reducing Debt: 605369's debt to equity ratio has increased from 2.6% to 4% over the past 5 years.
Debt Coverage: 605369's debt is well covered by operating cash flow (321.5%).
Interest Coverage: 605369 earns more interest than it pays, so coverage of interest payments is not a concern.