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 |
| Cash | CN¥529.48m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥158.78m |
| Total assets | CN¥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
Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price
Sep 11Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year
Jul 05Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings
Apr 29Financial 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.