Amoy Diagnostics Balance Sheet Health
Financial Health criteria checks 5/6
Amoy Diagnostics has a total shareholder equity of CN¥1.8B and total debt of CN¥53.4M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥2.0B and CN¥202.8M respectively. Amoy Diagnostics's EBIT is CN¥267.1M making its interest coverage ratio -13. It has cash and short-term investments of CN¥1.1B.
Key information
3.0%
Debt to equity ratio
CN¥53.35m
Debt
| Interest coverage ratio | -13x |
| Cash | CN¥1.09b |
| Equity | CN¥1.77b |
| Total liabilities | CN¥202.78m |
| Total assets | CN¥1.97b |
Recent financial health updates
Recent updates
Earnings Report: Amoy Diagnostics Co., Ltd. Missed Revenue Estimates By 6.1%
Apr 24
Amoy Diagnostics (SZSE:300685) Could Easily Take On More Debt
Apr 18What Amoy Diagnostics Co., Ltd.'s (SZSE:300685) 33% Share Price Gain Is Not Telling You
Mar 02Is Amoy Diagnostics Co., Ltd. (SZSE:300685) Worth CN¥22.0 Based On Its Intrinsic Value?
Mar 01Financial Position Analysis
Short Term Liabilities: 300685's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥147.4M).
Long Term Liabilities: 300685's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥55.4M).
Debt to Equity History and Analysis
Debt Level: 300685 has more cash than its total debt.
Reducing Debt: 300685's debt to equity ratio has increased from 0% to 3% over the past 5 years.
Debt Coverage: 300685's debt is well covered by operating cash flow (584.3%).
Interest Coverage: 300685 earns more interest than it pays, so coverage of interest payments is not a concern.