Jiangsu Zhongchao Holding Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Zhongchao Holding has a total shareholder equity of CN¥1.7B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are CN¥5.6B and CN¥3.9B respectively. Jiangsu Zhongchao Holding's EBIT is CN¥15.0M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥823.2M.
Key information
110.8%
Debt to equity ratio
CN¥1.85b
Debt
Interest coverage ratio | 0.2x |
Cash | CN¥823.18m |
Equity | CN¥1.67b |
Total liabilities | CN¥3.92b |
Total assets | CN¥5.59b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Jiangsu Zhongchao Holding's (SZSE:002471) Returns On Capital
Jul 30Benign Growth For Jiangsu Zhongchao Holding Co., Ltd. (SZSE:002471) Underpins Stock's 28% Plummet
Jul 01Jiangsu Zhongchao Holding (SZSE:002471) Seems To Use Debt Quite Sensibly
May 31Jiangsu Zhongchao Holding's (SZSE:002471) Performance Raises Some Questions
Apr 08Financial Position Analysis
Short Term Liabilities: 002471's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 002471's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥79.3M).
Debt to Equity History and Analysis
Debt Level: 002471's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: 002471's debt to equity ratio has reduced from 118.9% to 110.8% over the past 5 years.
Debt Coverage: 002471's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 002471's interest payments on its debt are not well covered by EBIT (0.2x coverage).