Topchoice Medical Balance Sheet Health
Financial Health criteria checks 5/6
Topchoice Medical has a total shareholder equity of CN¥4.5B and total debt of CN¥380.7M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥6.2B and CN¥1.7B respectively. Topchoice Medical's EBIT is CN¥684.4M making its interest coverage ratio -75.5. It has cash and short-term investments of CN¥597.9M.
Key information
8.5%
Debt to equity ratio
CN¥380.68m
Debt
| Interest coverage ratio | -75.5x |
| Cash | CN¥597.94m |
| Equity | CN¥4.50b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥6.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600763's short term assets (CN¥890.3M) exceed its short term liabilities (CN¥481.5M).
Long Term Liabilities: 600763's short term assets (CN¥890.3M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600763 has more cash than its total debt.
Reducing Debt: 600763's debt to equity ratio has reduced from 21.8% to 8.5% over the past 5 years.
Debt Coverage: 600763's debt is well covered by operating cash flow (226.2%).
Interest Coverage: 600763 earns more interest than it pays, so coverage of interest payments is not a concern.