Chengdu Bright Eye Hospital Group Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Bright Eye Hospital Group has a total shareholder equity of CN¥2.3B and total debt of CN¥577.2M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CN¥4.8B and CN¥2.5B respectively. Chengdu Bright Eye Hospital Group's EBIT is CN¥266.4M making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥647.2M.
Key information
24.7%
Debt to equity ratio
CN¥577.16m
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥647.24m |
| Equity | CN¥2.34b |
| Total liabilities | CN¥2.48b |
| Total assets | CN¥4.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301239's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥764.6M).
Long Term Liabilities: 301239's short term assets (CN¥1.1B) 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 3.7% to 24.7% over the past 5 years.
Debt Coverage: 301239's debt is well covered by operating cash flow (93.9%).
Interest Coverage: 301239's interest payments on its debt are well covered by EBIT (5.9x coverage).