Mingchen HealthLtd Balance Sheet Health
Financial Health criteria checks 6/6
Mingchen HealthLtd has a total shareholder equity of CN¥873.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥329.4M respectively. Mingchen HealthLtd's EBIT is CN¥33.8M making its interest coverage ratio 37.1. It has cash and short-term investments of CN¥171.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 37.1x |
| Cash | CN¥171.09m |
| Equity | CN¥873.41m |
| Total liabilities | CN¥329.39m |
| Total assets | CN¥1.20b |
Recent financial health updates
No updates
Recent updates
Mingchen Health Co.,Ltd.'s (SZSE:002919) Shares Climb 35% But Its Business Is Yet to Catch Up
Aug 15
We Like These Underlying Return On Capital Trends At Mingchen HealthLtd (SZSE:002919)
Aug 07Mingchen Health Co.,Ltd. (SZSE:002919) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 06Solid Earnings Reflect Mingchen HealthLtd's (SZSE:002919) Strength As A Business
May 05Mingchen Health Co.,Ltd. (SZSE:002919) Might Not Be As Mispriced As It Looks
Apr 17Mingchen HealthLtd's (SZSE:002919) Returns On Capital Are Heading Higher
Feb 27Financial Position Analysis
Short Term Liabilities: 002919's short term assets (CN¥844.1M) exceed its short term liabilities (CN¥323.4M).
Long Term Liabilities: 002919's short term assets (CN¥844.1M) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 002919 is debt free.
Reducing Debt: 002919 had no debt 5 years ago.
Debt Coverage: 002919 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002919 has no debt, therefore coverage of interest payments is not a concern.