OrbusNeich Medical Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
OrbusNeich Medical Group Holdings has a total shareholder equity of $373.8M and total debt of $4.2M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $415.4M and $41.7M respectively. OrbusNeich Medical Group Holdings's EBIT is $32.1M making its interest coverage ratio -2.6. It has cash and short-term investments of $261.2M.
Key information
1.1%
Debt to equity ratio
US$4.24m
Debt
| Interest coverage ratio | -2.6x |
| Cash | US$261.23m |
| Equity | US$373.77m |
| Total liabilities | US$41.67m |
| Total assets | US$415.44m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In OrbusNeich Medical Group Holdings Limited (HKG:6929) As Shares Slide 28%
Jul 19
OrbusNeich Medical Group Holdings Limited (HKG:6929) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jul 03Is OrbusNeich Medical Group Holdings (HKG:6929) A Risky Investment?
May 28Optimistic Investors Push OrbusNeich Medical Group Holdings Limited (HKG:6929) Shares Up 27% But Growth Is Lacking
May 06OrbusNeich Medical Group Holdings' (HKG:6929) Earnings Are Weaker Than They Seem
Apr 25Some Confidence Is Lacking In OrbusNeich Medical Group Holdings Limited (HKG:6929) As Shares Slide 26%
Mar 13Returns At OrbusNeich Medical Group Holdings (HKG:6929) Appear To Be Weighed Down
Feb 04A Look At The Intrinsic Value Of OrbusNeich Medical Group Holdings Limited (HKG:6929)
Oct 20Some OrbusNeich Medical Group Holdings Limited (HKG:6929) Shareholders Look For Exit As Shares Take 28% Pounding
Jun 01Financial Position Analysis
Short Term Liabilities: 6929's short term assets ($347.7M) exceed its short term liabilities ($35.9M).
Long Term Liabilities: 6929's short term assets ($347.7M) exceed its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: 6929 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6929's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6929's debt is well covered by operating cash flow (445.9%).
Interest Coverage: 6929 earns more interest than it pays, so coverage of interest payments is not a concern.