Meihua International Medical Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Meihua International Medical Technologies has a total shareholder equity of $149.6M and total debt of $11.8M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $179.2M and $29.6M respectively. Meihua International Medical Technologies's EBIT is $11.5M making its interest coverage ratio -20.7. It has cash and short-term investments of $18.5M.
Key information
7.9%
Debt to equity ratio
US$11.77m
Debt
| Interest coverage ratio | -20.7x |
| Cash | US$18.49m |
| Equity | US$149.57m |
| Total liabilities | US$29.59m |
| Total assets | US$179.16m |
Recent financial health updates
Recent updates
Meihua International Medical Technologies (NASDAQ:MHUA) May Have Issues Allocating Its Capital
Oct 08
Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Shares Fly 36% But Investors Aren't Buying For Growth
Jul 11Meihua International Medical Technologies (NASDAQ:MHUA) May Have Issues Allocating Its Capital
Jun 24Meihua International Medical Technologies' (NASDAQ:MHUA) Solid Earnings May Rest On Weak Foundations
May 02Investors Could Be Concerned With Meihua International Medical Technologies' (NASDAQ:MHUA) Returns On Capital
Feb 15Meihua International Medical Technologies Co., Ltd.'s (NASDAQ:MHUA) Shares Bounce 28% But Its Business Still Trails The Market
Dec 21Meihua International Medical Technologies (NASDAQ:MHUA) May Have Issues Allocating Its Capital
Nov 16Investors Could Be Concerned With Meihua International Medical Technologies' (NASDAQ:MHUA) Returns On Capital
Aug 14Meihua International Medical Technologies (NASDAQ:MHUA) Will Be Hoping To Turn Its Returns On Capital Around
Feb 17We Think You Should Be Aware Of Some Concerning Factors In Meihua International Medical Technologies' (NASDAQ:MHUA) Earnings
Aug 06Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Shares Fly 26% But Investors Aren't Buying For Growth
Aug 03Meihua GAAP EPS of $1.00, revenue of $104.4M
Aug 01Investors Give, Then Take Away, In Meihua's New York Trading Debut
Feb 18Financial Position Analysis
Short Term Liabilities: MHUA's short term assets ($141.3M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: MHUA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MHUA has more cash than its total debt.
Reducing Debt: MHUA's debt to equity ratio has increased from 4.4% to 7.9% over the past 5 years.
Debt Coverage: MHUA's debt is well covered by operating cash flow (74.1%).
Interest Coverage: MHUA earns more interest than it pays, so coverage of interest payments is not a concern.