Tian An Medicare Balance Sheet Health
Financial Health criteria checks 6/6
Tian An Medicare has a total shareholder equity of HK$1.9B and total debt of HK$804.2M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are HK$3.5B and HK$1.6B respectively. Tian An Medicare's EBIT is HK$83.2M making its interest coverage ratio 43.7. It has cash and short-term investments of HK$831.0M.
Key information
42.6%
Debt to equity ratio
HK$804.16m
Debt
| Interest coverage ratio | 43.7x |
| Cash | HK$830.97m |
| Equity | HK$1.89b |
| Total liabilities | HK$1.59b |
| Total assets | HK$3.48b |
Recent financial health updates
Is China Medical & HealthCare Group (HKG:383) Using Debt In A Risky Way?
Sep 30
We Think China Medical & HealthCare Group (HKG:383) Has A Fair Chunk Of Debt
Apr 08Is China Medical & HealthCare Group (HKG:383) A Risky Investment?
Dec 22
Recent updates
China Medical & HealthCare Group's (HKG:383) Returns On Capital Not Reflecting Well On The Business
Feb 02Returns On Capital Signal Difficult Times Ahead For China Medical & HealthCare Group (HKG:383)
Oct 26Is China Medical & HealthCare Group (HKG:383) Using Debt In A Risky Way?
Sep 30China Medical & HealthCare Group (HKG:383) Might Have The Makings Of A Multi-Bagger
Dec 10We Think China Medical & HealthCare Group (HKG:383) Has A Fair Chunk Of Debt
Apr 08Do Institutions Own China Medical & HealthCare Group Limited (HKG:383) Shares?
Feb 14Is China Medical & HealthCare Group (HKG:383) A Risky Investment?
Dec 22Financial Position Analysis
Short Term Liabilities: 383's short term assets (HK$1.3B) exceed its short term liabilities (HK$996.2M).
Long Term Liabilities: 383's short term assets (HK$1.3B) exceed its long term liabilities (HK$595.2M).
Debt to Equity History and Analysis
Debt Level: 383 has more cash than its total debt.
Reducing Debt: 383's debt to equity ratio has reduced from 44.8% to 42.6% over the past 5 years.
Debt Coverage: 383's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 383's interest payments on its debt are well covered by EBIT (43.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:52 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Tian An Medicare Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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