Topchoice Medical Balance Sheet Health
Financial Health criteria checks 5/6
Topchoice Medical has a total shareholder equity of CN¥4.5B and total debt of CN¥380.7M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥6.2B and CN¥1.7B respectively. Topchoice Medical's EBIT is CN¥684.4M making its interest coverage ratio -75.5. It has cash and short-term investments of CN¥597.9M.
Key information
8.5%
Debt to equity ratio
CN¥380.68m
Debt
| Interest coverage ratio | -75.5x |
| Cash | CN¥597.94m |
| Equity | CN¥4.50b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥6.22b |
Recent financial health updates
Is Topchoice Medical (SHSE:600763) Using Too Much Debt?
Oct 26
Is Topchoice Medical (SHSE:600763) A Risky Investment?
Jul 12Recent updates
Topchoice Medical Co., Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 31Is Topchoice Medical (SHSE:600763) Using Too Much Debt?
Oct 26Topchoice Medical Co., Inc. (SHSE:600763) Shares Could Be 45% Below Their Intrinsic Value Estimate
Sep 25Topchoice Medical Co., Inc.'s (SHSE:600763) Shares May Have Run Too Fast Too Soon
Sep 09Topchoice Medical's (SHSE:600763) Returns On Capital Not Reflecting Well On The Business
Aug 14Is Topchoice Medical (SHSE:600763) A Risky Investment?
Jul 12Topchoice Medical Co., Inc.'s (SHSE:600763) Intrinsic Value Is Potentially 73% Above Its Share Price
Jun 05There's Reason For Concern Over Topchoice Medical Co., Inc.'s (SHSE:600763) Massive 27% Price Jump
May 21Earnings Update: Topchoice Medical Co., Inc. (SHSE:600763) Just Reported And Analysts Are Trimming Their Forecasts
Apr 30Topchoice Medical (SHSE:600763) Will Be Hoping To Turn Its Returns On Capital Around
Apr 28Financial Position Analysis
Short Term Liabilities: 600763's short term assets (CN¥890.3M) exceed its short term liabilities (CN¥481.5M).
Long Term Liabilities: 600763's short term assets (CN¥890.3M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600763 has more cash than its total debt.
Reducing Debt: 600763's debt to equity ratio has reduced from 21.8% to 8.5% over the past 5 years.
Debt Coverage: 600763's debt is well covered by operating cash flow (226.2%).
Interest Coverage: 600763 earns more interest than it pays, so coverage of interest payments is not a concern.