Qingdao Baheal Medical Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Baheal Medical has a total shareholder equity of CN¥2.6B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are CN¥5.3B and CN¥2.7B respectively. Qingdao Baheal Medical's EBIT is CN¥938.2M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥1.2B.
Key information
45.7%
Debt to equity ratio
CN¥1.21b
Debt
Interest coverage ratio | -21.8x |
Cash | CN¥1.21b |
Equity | CN¥2.64b |
Total liabilities | CN¥2.66b |
Total assets | CN¥5.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301015's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 301015's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥837.4M).
Debt to Equity History and Analysis
Debt Level: 301015 has more cash than its total debt.
Reducing Debt: 301015's debt to equity ratio has reduced from 71.2% to 45.7% over the past 5 years.
Debt Coverage: 301015's debt is well covered by operating cash flow (50.5%).
Interest Coverage: 301015 earns more interest than it pays, so coverage of interest payments is not a concern.