Chimin Health Management Balance Sheet Health
Financial Health criteria checks 5/6
Chimin Health Management has a total shareholder equity of CN¥1.7B and total debt of CN¥442.2M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥2.4B and CN¥766.4M respectively. Chimin Health Management's EBIT is CN¥11.8M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥290.6M.
Key information
26.6%
Debt to equity ratio
CN¥442.25m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥290.59m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥766.41m |
| Total assets | CN¥2.43b |
Financial Position Analysis
Short Term Liabilities: 603222's short term assets (CN¥717.8M) exceed its short term liabilities (CN¥453.4M).
Long Term Liabilities: 603222's short term assets (CN¥717.8M) exceed its long term liabilities (CN¥313.0M).
Debt to Equity History and Analysis
Debt Level: 603222's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 603222's debt to equity ratio has reduced from 71.7% to 26.6% over the past 5 years.
Debt Coverage: 603222's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 603222's interest payments on its debt are not well covered by EBIT (0.7x coverage).