Boji Medical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Boji Medical TechnologyLtd has a total shareholder equity of CN¥980.1M and total debt of CN¥108.5M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥1.4B and CN¥448.8M respectively. Boji Medical TechnologyLtd's EBIT is CN¥38.9M making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥404.5M.
Key information
11.1%
Debt to equity ratio
CN¥108.52m
Debt
| Interest coverage ratio | -14.8x |
| Cash | CN¥404.54m |
| Equity | CN¥980.11m |
| Total liabilities | CN¥448.82m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300404's short term assets (CN¥815.2M) exceed its short term liabilities (CN¥357.5M).
Long Term Liabilities: 300404's short term assets (CN¥815.2M) exceed its long term liabilities (CN¥91.3M).
Debt to Equity History and Analysis
Debt Level: 300404 has more cash than its total debt.
Reducing Debt: 300404's debt to equity ratio has increased from 1.8% to 11.1% over the past 5 years.
Debt Coverage: 300404's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 300404 earns more interest than it pays, so coverage of interest payments is not a concern.