Huaxia Eye Hospital GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Huaxia Eye Hospital GroupLtd has a total shareholder equity of CN¥5.7B and total debt of CN¥139.5M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥7.5B and CN¥1.7B respectively. Huaxia Eye Hospital GroupLtd's EBIT is CN¥909.4M making its interest coverage ratio -15. It has cash and short-term investments of CN¥4.1B.
Key information
2.4%
Debt to equity ratio
CN¥139.46m
Debt
Interest coverage ratio | -15x |
Cash | CN¥4.10b |
Equity | CN¥5.73b |
Total liabilities | CN¥1.73b |
Total assets | CN¥7.46b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301267's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥974.6M).
Long Term Liabilities: 301267's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥756.2M).
Debt to Equity History and Analysis
Debt Level: 301267 has more cash than its total debt.
Reducing Debt: 301267's debt to equity ratio has reduced from 20.8% to 2.4% over the past 5 years.
Debt Coverage: 301267's debt is well covered by operating cash flow (621.7%).
Interest Coverage: 301267 earns more interest than it pays, so coverage of interest payments is not a concern.