Topchoice Medical Balance Sheet Health
Financial Health criteria checks 5/6
Topchoice Medical has a total shareholder equity of CN¥4.3B and total debt of CN¥370.8M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥6.1B and CN¥1.8B respectively. Topchoice Medical's EBIT is CN¥699.8M making its interest coverage ratio -45.1. It has cash and short-term investments of CN¥510.1M.
Key information
8.6%
Debt to equity ratio
CN¥370.84m
Debt
Interest coverage ratio | -45.1x |
Cash | CN¥510.11m |
Equity | CN¥4.33b |
Total liabilities | CN¥1.76b |
Total assets | CN¥6.09b |
Recent financial health updates
Recent updates
Is 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¥945.3M) exceed its short term liabilities (CN¥512.6M).
Long Term Liabilities: 600763's short term assets (CN¥945.3M) 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 27.7% to 8.6% over the past 5 years.
Debt Coverage: 600763's debt is well covered by operating cash flow (219.1%).
Interest Coverage: 600763 earns more interest than it pays, so coverage of interest payments is not a concern.