New Century Healthcare Holding Balance Sheet Health
Financial Health criteria checks 6/6
New Century Healthcare Holding has a total shareholder equity of CN¥451.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥944.4M and CN¥492.6M respectively. New Century Healthcare Holding's EBIT is CN¥196.1M making its interest coverage ratio 38. It has cash and short-term investments of CN¥304.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 38x |
| Cash | CN¥304.31m |
| Equity | CN¥451.76m |
| Total liabilities | CN¥492.63m |
| Total assets | CN¥944.39m |
Recent financial health updates
We're Not Worried About New Century Healthcare Holding's (HKG:1518) Cash Burn
Mar 23
We're Interested To See How New Century Healthcare Holding (HKG:1518) Uses Its Cash Hoard To Grow
Nov 23We're Hopeful That New Century Healthcare Holding (HKG:1518) Will Use Its Cash Wisely
Jul 20New Century Healthcare Holding (HKG:1518) Is In A Good Position To Deliver On Growth Plans
Apr 02Recent updates
New Century Healthcare Holding (HKG:1518) Shareholders Will Want The ROCE Trajectory To Continue
Feb 16New Century Healthcare Holding Co. Limited's (HKG:1518) Business And Shares Still Trailing The Industry
Jan 04The Return Trends At New Century Healthcare Holding (HKG:1518) Look Promising
Sep 03We're Not Worried About New Century Healthcare Holding's (HKG:1518) Cash Burn
Mar 23We're Interested To See How New Century Healthcare Holding (HKG:1518) Uses Its Cash Hoard To Grow
Nov 23We're Hopeful That New Century Healthcare Holding (HKG:1518) Will Use Its Cash Wisely
Jul 20New Century Healthcare Holding (HKG:1518) Is In A Good Position To Deliver On Growth Plans
Apr 02What You Need To Know About New Century Healthcare Holding Co. Limited's (HKG:1518) Investor Composition
Feb 24Are Insiders Buying New Century Healthcare Holding Co. Limited (HKG:1518) Stock?
Jan 19
How Does New Century Healthcare Holding's (HKG:1518) CEO Pay Compare With Company Performance?
Dec 15Is New Century Healthcare Holding Co. Limited's (HKG:1518) Shareholder Ownership Skewed Towards Insiders?
Nov 19Financial Position Analysis
Short Term Liabilities: 1518's short term assets (CN¥443.5M) exceed its short term liabilities (CN¥336.0M).
Long Term Liabilities: 1518's short term assets (CN¥443.5M) exceed its long term liabilities (CN¥156.7M).
Debt to Equity History and Analysis
Debt Level: 1518 is debt free.
Reducing Debt: 1518 had no debt 5 years ago.
Debt Coverage: 1518 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1518 has no debt, therefore coverage of interest payments is not a concern.