Improve Medical Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Improve Medical Instruments has a total shareholder equity of CN¥759.5M and total debt of CN¥403.8M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are CN¥1.4B and CN¥666.9M respectively.
Key information
53.2%
Debt to equity ratio
CN¥403.81m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥263.58m |
| Equity | CN¥759.46m |
| Total liabilities | CN¥666.88m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
Revenues Working Against Improve Medical Instruments Co., Ltd.'s (SZSE:300030) Share Price Following 26% Dive
Jun 06
A Look At The Fair Value Of Improve Medical Instruments Co., Ltd. (SZSE:300030)
Jun 04Benign Growth For Improve Medical Instruments Co., Ltd. (SZSE:300030) Underpins Stock's 27% Plummet
Apr 16Improve Medical Instruments Co., Ltd.'s (SZSE:300030) 25% Dip In Price Shows Sentiment Is Matching Revenues
Feb 26Financial Position Analysis
Short Term Liabilities: 300030's short term assets (CN¥673.9M) exceed its short term liabilities (CN¥603.3M).
Long Term Liabilities: 300030's short term assets (CN¥673.9M) exceed its long term liabilities (CN¥63.6M).
Debt to Equity History and Analysis
Debt Level: 300030's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 300030's debt to equity ratio has reduced from 54.6% to 53.2% over the past 5 years.
Debt Coverage: 300030's debt is well covered by operating cash flow (28.2%).
Interest Coverage: Insufficient data to determine if 300030's interest payments on its debt are well covered by EBIT.