Shanghai Runda Medical Technology Co., Ltd.

XSSC:603108 Stock Report

Market Cap: CN¥9.9b

Shanghai Runda Medical Technology Balance Sheet Health

Financial Health criteria checks 3/6

Shanghai Runda Medical Technology has a total shareholder equity of CN¥5.5B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 122.3%. Its total assets and total liabilities are CN¥14.5B and CN¥9.0B respectively. Shanghai Runda Medical Technology's EBIT is CN¥617.1M making its interest coverage ratio 8.6. It has cash and short-term investments of CN¥1.3B.

Key information

122.3%

Debt to equity ratio

CN¥6.74b

Debt

Interest coverage ratio8.6x
CashCN¥1.27b
EquityCN¥5.51b
Total liabilitiesCN¥8.98b
Total assetsCN¥14.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 603108's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥7.9B).

Long Term Liabilities: 603108's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥1.1B).


Debt to Equity History and Analysis

Debt Level: 603108's net debt to equity ratio (99.2%) is considered high.

Reducing Debt: 603108's debt to equity ratio has increased from 75.1% to 122.3% over the past 5 years.

Debt Coverage: 603108's debt is not well covered by operating cash flow (11.9%).

Interest Coverage: 603108's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


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