Shandong Weigao Orthopaedic Device Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Weigao Orthopaedic Device has a total shareholder equity of CN¥3.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥1.1B respectively. Shandong Weigao Orthopaedic Device's EBIT is CN¥99.6M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥2.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥2.00b |
| Equity | CN¥3.92b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥5.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688161's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥967.4M).
Long Term Liabilities: 688161's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥126.6M).
Debt to Equity History and Analysis
Debt Level: 688161 is debt free.
Reducing Debt: 688161 had no debt 5 years ago.
Debt Coverage: 688161 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688161 has no debt, therefore coverage of interest payments is not a concern.