Li Kang Biomedical Balance Sheet Health
Financial Health criteria checks 6/6
Li Kang Biomedical has a total shareholder equity of NT$829.8M and total debt of NT$35.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are NT$993.4M and NT$163.7M respectively. Li Kang Biomedical's EBIT is NT$96.0M making its interest coverage ratio -21.4. It has cash and short-term investments of NT$460.6M.
Key information
4.2%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | -21.4x |
| Cash | NT$460.60m |
| Equity | NT$829.77m |
| Total liabilities | NT$163.66m |
| Total assets | NT$993.43m |
Recent financial health updates
Recent updates
Li Kang Biomedical (GTSM:6242) Has Some Way To Go To Become A Multi-Bagger
Apr 19
Is Li Kang Biomedical Co., Ltd. (GTSM:6242) A Smart Choice For Dividend Investors?
Mar 09Li Kang Biomedical Co., Ltd.'s (GTSM:6242) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 09The Trends At Li Kang Biomedical (GTSM:6242) That You Should Know About
Jan 19We Think Li Kang Biomedical (GTSM:6242) Can Stay On Top Of Its Debt
Dec 29Three Things You Should Check Before Buying Li Kang Biomedical Co., Ltd. (GTSM:6242) For Its Dividend
Dec 08Financial Position Analysis
Short Term Liabilities: 6242's short term assets (NT$520.7M) exceed its short term liabilities (NT$76.0M).
Long Term Liabilities: 6242's short term assets (NT$520.7M) exceed its long term liabilities (NT$87.7M).
Debt to Equity History and Analysis
Debt Level: 6242 has more cash than its total debt.
Reducing Debt: 6242's debt to equity ratio has reduced from 11.1% to 4.2% over the past 5 years.
Debt Coverage: 6242's debt is well covered by operating cash flow (231.6%).
Interest Coverage: 6242 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 05:57 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Li Kang Biomedical Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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