Guangdong Kanghua Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Kanghua Healthcare has a total shareholder equity of CN¥1.5B and total debt of CN¥318.8M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively. Guangdong Kanghua Healthcare's EBIT is CN¥119.3M making its interest coverage ratio -24.1. It has cash and short-term investments of CN¥718.5M.
Key information
21.3%
Debt to equity ratio
CN¥318.83m
Debt
| Interest coverage ratio | -24.1x |
| Cash | CN¥718.52m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥2.62b |
Recent financial health updates
Here's Why Guangdong Kanghua Healthcare (HKG:3689) Can Manage Its Debt Responsibly
Nov 08
Is Guangdong Kanghua Healthcare (HKG:3689) Using Too Much Debt?
May 03Recent updates
Capital Allocation Trends At Guangdong Kanghua Healthcare (HKG:3689) Aren't Ideal
Nov 28Returns On Capital Signal Tricky Times Ahead For Guangdong Kanghua Healthcare (HKG:3689)
May 09Capital Allocation Trends At Guangdong Kanghua Healthcare (HKG:3689) Aren't Ideal
Feb 02Here's Why Guangdong Kanghua Healthcare (HKG:3689) Can Manage Its Debt Responsibly
Nov 08Some Investors May Be Worried About Guangdong Kanghua Healthcare's (HKG:3689) Returns On Capital
Sep 06Investors Could Be Concerned With Guangdong Kanghua Healthcare's (HKG:3689) Returns On Capital
May 31Returns On Capital Signal Tricky Times Ahead For Guangdong Kanghua Healthcare (HKG:3689)
Jan 25Capital Allocation Trends At Guangdong Kanghua Healthcare (HKG:3689) Aren't Ideal
Sep 21Is Guangdong Kanghua Healthcare (HKG:3689) Using Too Much Debt?
May 03Do Insiders Own Lots Of Shares In Guangdong Kanghua Healthcare Co., Ltd. (HKG:3689)?
Feb 04
Key Things To Understand About Guangdong Kanghua Healthcare's (HKG:3689) CEO Pay Cheque
Dec 14Financial Position Analysis
Short Term Liabilities: 3689's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥766.7M).
Long Term Liabilities: 3689's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥360.8M).
Debt to Equity History and Analysis
Debt Level: 3689 has more cash than its total debt.
Reducing Debt: 3689's debt to equity ratio has increased from 1.4% to 21.3% over the past 5 years.
Debt Coverage: 3689's debt is well covered by operating cash flow (64%).
Interest Coverage: 3689 earns more interest than it pays, so coverage of interest payments is not a concern.