Shanghai Runda Medical Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Runda Medical Technology has a total shareholder equity of CN¥5.5B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 122.5%. Its total assets and total liabilities are CN¥14.4B and CN¥8.9B respectively. Shanghai Runda Medical Technology's EBIT is CN¥656.7M making its interest coverage ratio 8.4. It has cash and short-term investments of CN¥1.2B.
Key information
122.5%
Debt to equity ratio
CN¥6.76b
Debt
Interest coverage ratio | 8.4x |
Cash | CN¥1.17b |
Equity | CN¥5.52b |
Total liabilities | CN¥8.89b |
Total assets | CN¥14.41b |
Recent financial health updates
Recent updates
Shanghai Runda Medical Technology Co., Ltd.'s (SHSE:603108) Earnings Haven't Escaped The Attention Of Investors
Jun 04Does Shanghai Runda Medical Technology (SHSE:603108) Deserve A Spot On Your Watchlist?
Mar 21Shanghai 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¥9.5B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 603108's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 603108's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: 603108's debt to equity ratio has increased from 82.6% to 122.5% over the past 5 years.
Debt Coverage: 603108's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 603108's interest payments on its debt are well covered by EBIT (8.4x coverage).