Wenzhou Kangning Hospital Balance Sheet Health
Financial Health criteria checks 5/6
Wenzhou Kangning Hospital has a total shareholder equity of CN¥1.4B and total debt of CN¥935.1M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are CN¥3.0B and CN¥1.6B respectively. Wenzhou Kangning Hospital's EBIT is CN¥150.9M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥426.2M.
Key information
66.4%
Debt to equity ratio
CN¥935.13m
Debt
Interest coverage ratio | 4.4x |
Cash | CN¥426.21m |
Equity | CN¥1.41b |
Total liabilities | CN¥1.64b |
Total assets | CN¥3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4WK's short term assets (CN¥987.6M) exceed its short term liabilities (CN¥801.1M).
Long Term Liabilities: 4WK's short term assets (CN¥987.6M) exceed its long term liabilities (CN¥838.4M).
Debt to Equity History and Analysis
Debt Level: 4WK's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 4WK's debt to equity ratio has increased from 19.2% to 66.4% over the past 5 years.
Debt Coverage: 4WK's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 4WK's interest payments on its debt are well covered by EBIT (4.4x coverage).