Meinian Onehealth Healthcare Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Meinian Onehealth Healthcare Holdings has a total shareholder equity of CN¥8.4B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are CN¥19.0B and CN¥10.6B respectively. Meinian Onehealth Healthcare Holdings's EBIT is CN¥970.8M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥1.5B.
Key information
46.3%
Debt to equity ratio
CN¥3.90b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥1.55b |
| Equity | CN¥8.43b |
| Total liabilities | CN¥10.59b |
| Total assets | CN¥19.02b |
Recent financial health updates
Is Meinian Onehealth Healthcare Holdings (SZSE:002044) A Risky Investment?
Nov 17
These 4 Measures Indicate That Meinian Onehealth Healthcare Holdings (SZSE:002044) Is Using Debt Reasonably Well
Jul 28Is Meinian Onehealth Healthcare Holdings (SZSE:002044) Using Too Much Debt?
Mar 01Recent updates
A Piece Of The Puzzle Missing From Meinian Onehealth Healthcare Holdings Co., Ltd.'s (SZSE:002044) 31% Share Price Climb
Nov 20Is Meinian Onehealth Healthcare Holdings (SZSE:002044) A Risky Investment?
Nov 17Returns On Capital At Meinian Onehealth Healthcare Holdings (SZSE:002044) Have Stalled
Oct 14These 4 Measures Indicate That Meinian Onehealth Healthcare Holdings (SZSE:002044) Is Using Debt Reasonably Well
Jul 28These Return Metrics Don't Make Meinian Onehealth Healthcare Holdings (SZSE:002044) Look Too Strong
Jul 12Is Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044) Worth CN¥4.1 Based On Its Intrinsic Value?
Jun 06Investors Continue Waiting On Sidelines For Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044)
May 21Is Meinian Onehealth Healthcare Holdings (SZSE:002044) Using Too Much Debt?
Mar 01Financial Position Analysis
Short Term Liabilities: 002044's short term assets (CN¥6.0B) do not cover its short term liabilities (CN¥8.0B).
Long Term Liabilities: 002044's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 002044's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 002044's debt to equity ratio has reduced from 100.6% to 46.3% over the past 5 years.
Debt Coverage: 002044's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 002044's interest payments on its debt are not well covered by EBIT (1.9x coverage).