Hangzhou Minsheng Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Minsheng Healthcare has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥184.4M respectively. Hangzhou Minsheng Healthcare's EBIT is CN¥71.0M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥874.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥874.23m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥184.43m |
| Total assets | CN¥1.71b |
Financial Position Analysis
Short Term Liabilities: 301507's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥176.1M).
Long Term Liabilities: 301507's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥8.3M).
Debt to Equity History and Analysis
Debt Level: 301507 is debt free.
Reducing Debt: 301507 has no debt compared to 5 years ago when its debt to equity ratio was 23.8%.
Debt Coverage: 301507 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301507 has no debt, therefore coverage of interest payments is not a concern.