HealthcareLtd Balance Sheet Health
Financial Health criteria checks 4/6
HealthcareLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are CN¥9.9B and CN¥6.0B respectively. HealthcareLtd's EBIT is CN¥453.4M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥987.3M.
Key information
64.4%
Debt to equity ratio
CN¥2.52b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥987.28m |
Equity | CN¥3.91b |
Total liabilities | CN¥5.98b |
Total assets | CN¥9.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603313's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603313's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603313's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 603313's debt to equity ratio has increased from 52.6% to 64.4% over the past 5 years.
Debt Coverage: 603313's debt is well covered by operating cash flow (34%).
Interest Coverage: 603313's interest payments on its debt are not well covered by EBIT (2.1x coverage).