Chengdu Bright Eye Hospital Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Bright Eye Hospital has a total shareholder equity of CN¥2.3B and total debt of CN¥532.3M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥4.7B and CN¥2.4B respectively. Chengdu Bright Eye Hospital's EBIT is CN¥305.0M making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥748.4M.
Key information
23.1%
Debt to equity ratio
CN¥532.25m
Debt
Interest coverage ratio | 4.1x |
Cash | CN¥748.42m |
Equity | CN¥2.31b |
Total liabilities | CN¥2.43b |
Total assets | CN¥4.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301239's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥774.6M).
Long Term Liabilities: 301239's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 301239 has more cash than its total debt.
Reducing Debt: 301239's debt to equity ratio has increased from 4.3% to 23.1% over the past 5 years.
Debt Coverage: 301239's debt is well covered by operating cash flow (116.4%).
Interest Coverage: 301239's interest payments on its debt are well covered by EBIT (4.1x coverage).