Improve Medical Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Improve Medical Instruments has a total shareholder equity of CN¥717.6M and total debt of CN¥381.3M, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are CN¥1.3B and CN¥613.1M respectively.
Key information
53.1%
Debt to equity ratio
CN¥381.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥249.83m |
| Equity | CN¥717.60m |
| Total liabilities | CN¥613.06m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Recent updates
Improve Medical Instruments Co., Ltd.'s (SZSE:300030) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 28
Improve Medical Instruments Co., Ltd. (SZSE:300030) Held Back By Insufficient Growth Even After Shares Climb 46%
Sep 10Revenues Working Against Improve Medical Instruments Co., Ltd.'s (SZSE:300030) Share Price Following 26% Dive
Jun 06A 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¥619.6M) exceed its short term liabilities (CN¥535.2M).
Long Term Liabilities: 300030's short term assets (CN¥619.6M) exceed its long term liabilities (CN¥77.9M).
Debt to Equity History and Analysis
Debt Level: 300030's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 300030's debt to equity ratio has reduced from 56.6% to 53.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300030 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300030 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.3% per year.