China Medical System Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Medical System Holdings has a total shareholder equity of CN¥15.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥17.7B and CN¥2.2B respectively. China Medical System Holdings's EBIT is CN¥2.7B making its interest coverage ratio -20.7. It has cash and short-term investments of CN¥6.1B.
Key information
8.3%
Debt to equity ratio
CN¥1.29b
Debt
Interest coverage ratio | -20.7x |
Cash | CN¥6.14b |
Equity | CN¥15.56b |
Total liabilities | CN¥2.17b |
Total assets | CN¥17.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2M7C's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 2M7C's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥125.6M).
Debt to Equity History and Analysis
Debt Level: 2M7C has more cash than its total debt.
Reducing Debt: 2M7C's debt to equity ratio has reduced from 17.4% to 8.3% over the past 5 years.
Debt Coverage: 2M7C's debt is well covered by operating cash flow (194.5%).
Interest Coverage: 2M7C earns more interest than it pays, so coverage of interest payments is not a concern.