CareRay Digital Medical Technology Co., Ltd.

Shanghai Stock Exchange 688607.SS

CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 27.94

CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio is 27.94 for the year ending December 31, 2023, a 269.31% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was -16.51, a -103.78% change year over year.
CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 436.77, a 76.30% change year over year.
CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 247.75, a 93.09% change year over year.
CareRay Digital Medical Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 128.31, a 28.70% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Shanghai Stock Exchange: 688607.SS

CareRay Digital Medical Technology Co., Ltd.

CEO	Mr. Jianqiang Liu
IPO Date	Feb. 1, 2021
Location	China
Headquarters	Building B3
Employees	252
Sector	Technology
Industries 3D Printing Composite Materials Computers Glass Hardware & Electronics Medical Instruments Robotics Smartphones

Description

CareRay Digital Medical Technology Co., Ltd. develops and produces digital X-ray flat panel detectors. The company offers wireless, wired, dynamic and breast flat panel, and industrial flat panel detectors, as well as accessories and tablet cases. Its products are used in medical, pet, security, and industrial imaging diagnostic products. The company was founded in 2007 and is headquartered in Suzhou, China.

Key trends

Past 5 years