Zhejiang Taimei Medical Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Taimei Medical Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥322.1M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥978.70m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥322.13m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2576's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥278.4M).
Long Term Liabilities: 2576's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥43.7M).
Debt to Equity History and Analysis
Debt Level: 2576 is debt free.
Reducing Debt: 2576 has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
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: 2576 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2576 has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 25.5% each year.