Concord Healthcare Group Balance Sheet Health
Financial Health criteria checks 2/6
Concord Healthcare Group has a total shareholder equity of CN¥2.2B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are CN¥5.7B and CN¥3.6B respectively.
Key information
126.3%
Debt to equity ratio
CN¥2.72b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥332.14m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥3.56b |
| Total assets | CN¥5.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2453's short term assets (CN¥677.2M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2453's short term assets (CN¥677.2M) do not cover its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 2453's net debt to equity ratio (110.9%) 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: 2453 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2453 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 82.2% each year