Concord Healthcare Group Balance Sheet Health
Financial Health criteria checks 2/6
Concord Healthcare Group has a total shareholder equity of CN¥1.9B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are CN¥5.2B and CN¥3.4B respectively.
Key information
130.4%
Debt to equity ratio
CN¥2.44b
Debt
Interest coverage ratio | n/a |
Cash | CN¥49.23m |
Equity | CN¥1.87b |
Total liabilities | CN¥3.37b |
Total assets | CN¥5.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2453's short term assets (CN¥359.8M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 2453's short term assets (CN¥359.8M) do not cover its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 2453's net debt to equity ratio (127.7%) is considered high.
Reducing Debt: Insufficient data to determine if 2453's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2453 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2453 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 100.2% per year.