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
Wenzhou Kangning Hospital (HKG:2120) Has A Somewhat Strained Balance Sheet
Nov 23
Is Wenzhou Kangning Hospital (HKG:2120) Using Too Much Debt?
Dec 06Wenzhou Kangning Hospital (HKG:2120) Has A Pretty Healthy Balance Sheet
Apr 10Recent updates
Estimating The Fair Value Of Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Feb 28Investors Continue Waiting On Sidelines For Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Jan 19Wenzhou Kangning Hospital (HKG:2120) Has A Somewhat Strained Balance Sheet
Nov 23Wenzhou Kangning Hospital (HKG:2120) Could Be Struggling To Allocate Capital
Jun 16Returns Are Gaining Momentum At Wenzhou Kangning Hospital (HKG:2120)
Mar 23Is Wenzhou Kangning Hospital (HKG:2120) Using Too Much Debt?
Dec 06Returns On Capital Are Showing Encouraging Signs At Wenzhou Kangning Hospital (HKG:2120)
Aug 11Calculating The Fair Value Of Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Jul 09Wenzhou Kangning Hospital (HKG:2120) Is Experiencing Growth In Returns On Capital
May 12Wenzhou Kangning Hospital (HKG:2120) Has A Pretty Healthy Balance Sheet
Apr 10Wenzhou Kangning Hospital Co., Ltd.'s (HKG:2120) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 25Will Wenzhou Kangning Hospital (HKG:2120) Multiply In Value Going Forward?
Jan 17
Should You Use Wenzhou Kangning Hospital's (HKG:2120) Statutory Earnings To Analyse It?
Dec 23If You Had Bought Wenzhou Kangning Hospital's (HKG:2120) Shares Five Years Ago You Would Be Down 42%
Dec 10Can Mixed Fundamentals Have A Negative Impact on Wenzhou Kangning Hospital Co., Ltd. (HKG:2120) Current Share Price Momentum?
Nov 27Financial Position Analysis
Short Term Liabilities: 2120's short term assets (CN¥987.6M) exceed its short term liabilities (CN¥801.1M).
Long Term Liabilities: 2120's short term assets (CN¥987.6M) exceed its long term liabilities (CN¥838.4M).
Debt to Equity History and Analysis
Debt Level: 2120's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 2120's debt to equity ratio has increased from 19.2% to 66.4% over the past 5 years.
Debt Coverage: 2120's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 2120's interest payments on its debt are well covered by EBIT (4.4x coverage).