Shanghai Runda Medical Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Runda Medical Technology has a total shareholder equity of CN¥5.3B and total debt of CN¥6.9B, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are CN¥14.6B and CN¥9.3B respectively. Shanghai Runda Medical Technology's EBIT is CN¥804.0M making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥1.0B.
Key information
131.3%
Debt to equity ratio
CN¥6.91b
Debt
| Interest coverage ratio | 9.1x |
| Cash | CN¥1.03b |
| Equity | CN¥5.26b |
| Total liabilities | CN¥9.30b |
| Total assets | CN¥14.56b |
Recent financial health updates
Recent updates
Does Shanghai Runda Medical Technology (SHSE:603108) Deserve A Spot On Your Watchlist?
Mar 21
Shanghai Runda Medical Technology Co., Ltd. (SHSE:603108) Stock Rockets 31% But Many Are Still Ignoring The Company
Mar 04These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Feb 27Financial Position Analysis
Short Term Liabilities: 603108's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 603108's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603108's net debt to equity ratio (111.8%) is considered high.
Reducing Debt: 603108's debt to equity ratio has increased from 68.6% to 131.3% over the past 5 years.
Debt Coverage: 603108's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 603108's interest payments on its debt are well covered by EBIT (9.1x coverage).