Hospital Corporation of China Balance Sheet Health
Financial Health criteria checks 2/6
Hospital of China has a total shareholder equity of CN¥591.2M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 172.6%. Its total assets and total liabilities are CN¥2.5B and CN¥1.9B respectively. Hospital of China's EBIT is CN¥345.4M making its interest coverage ratio -50. It has cash and short-term investments of CN¥667.9M.
Key information
172.6%
Debt to equity ratio
CN¥1.02b
Debt
Interest coverage ratio | -50x |
Cash | CN¥667.89m |
Equity | CN¥591.20m |
Total liabilities | CN¥1.91b |
Total assets | CN¥2.50b |
Recent financial health updates
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'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¥949.5M) exceed its short term liabilities (CN¥724.4M).
Long Term Liabilities: 3869's short term assets (CN¥949.5M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3869's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: 3869's debt to equity ratio has increased from 80.2% to 172.6% over the past 5 years.
Debt Coverage: 3869's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 3869 earns more interest than it pays, so coverage of interest payments is not a concern.