Rainmed Medical Balance Sheet Health
Financial Health criteria checks 5/6
Rainmed Medical has a total shareholder equity of CN¥480.3M and total debt of CN¥25.5M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥600.8M and CN¥120.5M respectively.
Key information
5.3%
Debt to equity ratio
CN¥25.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥287.73m |
| Equity | CN¥480.26m |
| Total liabilities | CN¥120.54m |
| Total assets | CN¥600.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2297's short term assets (CN¥324.3M) exceed its short term liabilities (CN¥108.5M).
Long Term Liabilities: 2297's short term assets (CN¥324.3M) exceed its long term liabilities (CN¥12.0M).
Debt to Equity History and Analysis
Debt Level: 2297 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2297's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2297 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2297 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 29.1% each year.