Guanze Medical Information Industry (Holding) Balance Sheet Health
Financial Health criteria checks 5/6
Guanze Medical Information Industry (Holding) has a total shareholder equity of CN¥242.2M and total debt of CN¥18.5M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥276.7M and CN¥34.6M respectively. Guanze Medical Information Industry (Holding)'s EBIT is CN¥20.8M making its interest coverage ratio -34.3. It has cash and short-term investments of CN¥49.6M.
Key information
7.6%
Debt to equity ratio
CN¥18.50m
Debt
| Interest coverage ratio | -34.3x |
| Cash | CN¥49.57m |
| Equity | CN¥242.16m |
| Total liabilities | CN¥34.58m |
| Total assets | CN¥276.74m |
Recent financial health updates
We Think Guanze Medical Information Industry (Holding) (HKG:2427) Can Stay On Top Of Its Debt
Nov 04
Guanze Medical Information Industry (Holding) (HKG:2427) Has A Pretty Healthy Balance Sheet
Jun 13Recent updates
We Think Guanze Medical Information Industry (Holding) (HKG:2427) Can Stay On Top Of Its Debt
Nov 04Here's What's Concerning About Guanze Medical Information Industry (Holding)'s (HKG:2427) Returns On Capital
Sep 10Guanze Medical Information Industry (Holding) (HKG:2427) Has A Pretty Healthy Balance Sheet
Jun 13Guanze Medical Information Industry (Holding) (HKG:2427) Will Pay A Dividend Of CN¥0.021
Apr 25Guanze Medical Information Industry (Holding)'s (HKG:2427) Dividend Will Be CN¥0.021
Mar 31Estimating The Fair Value Of Guanze Medical Information Industry (Holding) Co., Ltd. (HKG:2427)
Nov 23Estimating The Fair Value Of Guanze Medical Information Industry (Holding) Co., Ltd. (HKG:2427)
Jun 29There's Reason For Concern Over Guanze Medical Information Industry (Holding) Co., Ltd.'s (HKG:2427) Massive 27% Price Jump
Apr 19Financial Position Analysis
Short Term Liabilities: 2427's short term assets (CN¥234.0M) exceed its short term liabilities (CN¥34.3M).
Long Term Liabilities: 2427's short term assets (CN¥234.0M) exceed its long term liabilities (CN¥278.0K).
Debt to Equity History and Analysis
Debt Level: 2427 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2427's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2427's debt is well covered by operating cash flow (53.6%).
Interest Coverage: 2427 earns more interest than it pays, so coverage of interest payments is not a concern.