Zhongzhu Healthcare HoldingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhongzhu Healthcare HoldingLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥3.2M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥2.7B and CN¥375.1M respectively.
Key information
0.1%
Debt to equity ratio
CN¥3.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥383.28m |
| Equity | CN¥2.28b |
| Total liabilities | CN¥375.11m |
| Total assets | CN¥2.65b |
Financial Position Analysis
Short Term Liabilities: 600568's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥321.3M).
Long Term Liabilities: 600568's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥53.8M).
Debt to Equity History and Analysis
Debt Level: 600568 has more cash than its total debt.
Reducing Debt: 600568's debt to equity ratio has reduced from 3.1% to 0.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600568 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600568 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.8% per year.