Wenzhou Kangning Hospital Balance Sheet Health
Financial Health criteria checks 4/6
Wenzhou Kangning Hospital has a total shareholder equity of CN¥1.4B and total debt of CN¥923.4M, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥3.0B and CN¥1.6B respectively. Wenzhou Kangning Hospital's EBIT is CN¥151.1M making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥380.9M.
Key information
64.7%
Debt to equity ratio
CN¥923.36m
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥380.90m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4WK's short term assets (CN¥957.0M) exceed its short term liabilities (CN¥537.4M).
Long Term Liabilities: 4WK's short term assets (CN¥957.0M) do not cover its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 4WK's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 4WK's debt to equity ratio has increased from 19.8% to 64.7% over the past 5 years.
Debt Coverage: 4WK's debt is well covered by operating cash flow (29%).
Interest Coverage: 4WK's interest payments on its debt are well covered by EBIT (4.1x coverage).