Meter Instruments Co., Ltd.

SZSE:301006 Stock Report

Market Cap: CN¥2.1b

Meter Instruments Balance Sheet Health

Financial Health criteria checks 6/6

Meter Instruments has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥158.8M respectively. Meter Instruments's EBIT is CN¥64.8M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥529.5M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-3.8x
CashCN¥529.48m
EquityCN¥1.22b
Total liabilitiesCN¥158.78m
Total assetsCN¥1.38b

Recent financial health updates

No updates

Recent updates

Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Sep 11
Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Jul 05
Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Apr 29
Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Financial Position Analysis

Short Term Liabilities: 301006's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥146.1M).

Long Term Liabilities: 301006's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥12.7M).


Debt to Equity History and Analysis

Debt Level: 301006 is debt free.

Reducing Debt: 301006 has not had any debt for past 5 years.

Debt Coverage: 301006 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301006 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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