Shanghai Topcare Medical Services Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Topcare Medical Services has a total shareholder equity of CN¥1.5B and total debt of CN¥245.1M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively. Shanghai Topcare Medical Services's EBIT is CN¥21.1M making its interest coverage ratio 1. It has cash and short-term investments of CN¥825.8M.
Key information
16.8%
Debt to equity ratio
CN¥245.05m
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥825.85m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600532's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥705.7M).
Long Term Liabilities: 600532's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥373.7M).
Debt to Equity History and Analysis
Debt Level: 600532 has more cash than its total debt.
Reducing Debt: 600532's debt to equity ratio has reduced from 43% to 16.8% over the past 5 years.
Debt Coverage: 600532's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600532's interest payments on its debt are not well covered by EBIT (1x coverage).