Topchoice Medical Balance Sheet Health
Financial Health criteria checks 5/6
Topchoice Medical has a total shareholder equity of CN¥4.2B and total debt of CN¥411.6M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥5.8B and CN¥1.6B respectively. Topchoice Medical's EBIT is CN¥738.1M making its interest coverage ratio 246. It has cash and short-term investments of CN¥681.2M.
Key information
9.9%
Debt to equity ratio
CN¥411.62m
Debt
Interest coverage ratio | 246x |
Cash | CN¥681.23m |
Equity | CN¥4.17b |
Total liabilities | CN¥1.64b |
Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600763's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥437.3M).
Long Term Liabilities: 600763's short term assets (CN¥1.1B) 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 34% to 9.9% over the past 5 years.
Debt Coverage: 600763's debt is well covered by operating cash flow (190.5%).
Interest Coverage: 600763's interest payments on its debt are well covered by EBIT (246x coverage).