Jiangsu Zhongchao Holding Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Zhongchao Holding has a total shareholder equity of CN¥1.7B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are CN¥5.8B and CN¥4.1B respectively. Jiangsu Zhongchao Holding's EBIT is CN¥50.2M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥811.9M.
Key information
115.6%
Debt to equity ratio
CN¥1.98b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥811.87m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥4.05b |
| Total assets | CN¥5.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002471's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002471's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥83.2M).
Debt to Equity History and Analysis
Debt Level: 002471's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: 002471's debt to equity ratio has increased from 110.4% to 115.6% over the past 5 years.
Debt Coverage: 002471's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 002471's interest payments on its debt are not well covered by EBIT (0.8x coverage).