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 ratio | 8.6x |
| Cash | CN¥1.27b |
| Equity | CN¥5.51b |
| Total liabilities | CN¥8.98b |
| Total assets | CN¥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).