China Resources Medical Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Medical Holdings has a total shareholder equity of CN¥7.4B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥13.7B and CN¥6.3B respectively. China Resources Medical Holdings's EBIT is CN¥784.3M making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥1.3B.
Key information
27.1%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CN¥1.29b |
| Equity | CN¥7.45b |
| Total liabilities | CN¥6.27b |
| Total assets | CN¥13.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1PH's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥4.1B).
Long Term Liabilities: 1PH's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 1PH's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 1PH's debt to equity ratio has increased from 8.3% to 27.1% over the past 5 years.
Debt Coverage: 1PH's debt is well covered by operating cash flow (57.7%).
Interest Coverage: 1PH's interest payments on its debt are well covered by EBIT (15.5x coverage).