Mingchen HealthLtd Balance Sheet Health
Financial Health criteria checks 6/6
Mingchen HealthLtd has a total shareholder equity of CN¥837.0M 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¥375.7M respectively. Mingchen HealthLtd's EBIT is CN¥57.3M making its interest coverage ratio 44.9. It has cash and short-term investments of CN¥157.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 44.9x |
| Cash | CN¥157.80m |
| Equity | CN¥836.98m |
| Total liabilities | CN¥375.68m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002919's short term assets (CN¥841.7M) exceed its short term liabilities (CN¥364.9M).
Long Term Liabilities: 002919's short term assets (CN¥841.7M) exceed its long term liabilities (CN¥10.7M).
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.