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¥491.7M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CN¥2.5B and CN¥854.5M respectively. Chimin Health Management's EBIT is CN¥13.2M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥375.2M.
Key information
29.5%
Debt to equity ratio
CN¥491.66m
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥375.24m |
Equity | CN¥1.67b |
Total liabilities | CN¥854.48m |
Total assets | CN¥2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603222's short term assets (CN¥779.9M) exceed its short term liabilities (CN¥515.8M).
Long Term Liabilities: 603222's short term assets (CN¥779.9M) exceed its long term liabilities (CN¥338.7M).
Debt to Equity History and Analysis
Debt Level: 603222's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 603222's debt to equity ratio has reduced from 74.7% to 29.5% over the past 5 years.
Debt Coverage: 603222's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 603222's interest payments on its debt are not well covered by EBIT (0.9x coverage).