Hospital Corporation of China Balance Sheet Health
Financial Health criteria checks 3/6
Hospital of China has a total shareholder equity of CN¥612.5M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 175%. Its total assets and total liabilities are CN¥2.5B and CN¥1.9B respectively. Hospital of China's EBIT is CN¥388.3M making its interest coverage ratio -57.7. It has cash and short-term investments of CN¥678.3M.
Key information
175.0%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | -57.7x |
| Cash | CN¥678.34m |
| Equity | CN¥612.47m |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥2.49b |
Recent financial health updates
We Think Hospital Corporation of China (HKG:3869) Can Stay On Top Of Its Debt
Oct 01
Does Hospital Corporation of China (HKG:3869) Have A Healthy Balance Sheet?
Apr 12Hospital Corporation of China (HKG:3869) Takes On Some Risk With Its Use Of Debt
Dec 10Recent updates
We Think Hospital Corporation of China (HKG:3869) Can Stay On Top Of Its Debt
Oct 01Not Many Are Piling Into Hospital Corporation of China Limited (HKG:3869) Stock Yet As It Plummets 28%
Aug 30We Think Hospital Corporation of China's (HKG:3869) Profit Is Only A Baseline For What They Can Achieve
Apr 29Hospital Corporation of China Limited (HKG:3869) Stock Rockets 33% But Many Are Still Ignoring The Company
Jun 30Hospital Corporation of China (HKG:3869) Hasn't Managed To Accelerate Its Returns
May 17Does Hospital Corporation of China (HKG:3869) Have A Healthy Balance Sheet?
Apr 12Would Shareholders Who Purchased Hospital Corporation of China's (HKG:3869) Stock Three Years Be Happy With The Share price Today?
Mar 08Should You Be Impressed By Hospital Corporation of China's (HKG:3869) Returns on Capital?
Jan 14Hospital Corporation of China (HKG:3869) Takes On Some Risk With Its Use Of Debt
Dec 10Financial Position Analysis
Short Term Liabilities: 3869's short term assets (CN¥959.5M) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 3869's short term assets (CN¥959.5M) exceed its long term liabilities (CN¥252.2M).
Debt to Equity History and Analysis
Debt Level: 3869's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 3869's debt to equity ratio has increased from 111.7% to 175% 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 3869 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3869 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.7% per year.