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¥52.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥2.0B and CN¥227.1M respectively. Amoy Diagnostics's EBIT is CN¥326.0M making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥1.1B.
Key information
2.9%
Debt to equity ratio
CN¥52.95m
Debt
| Interest coverage ratio | -13.4x |
| Cash | CN¥1.09b |
| Equity | CN¥1.81b |
| Total liabilities | CN¥227.13m |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300685's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥216.3M).
Long Term Liabilities: 300685's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥10.8M).
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 2.9% over the past 5 years.
Debt Coverage: 300685's debt is well covered by operating cash flow (611.4%).
Interest Coverage: 300685 earns more interest than it pays, so coverage of interest payments is not a concern.