Town Health International Medical Group Balance Sheet Health
Financial Health criteria checks 5/6
Town Health International Medical Group has a total shareholder equity of HK$3.6B and total debt of HK$355.5M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are HK$4.5B and HK$881.8M respectively. Town Health International Medical Group's EBIT is HK$105.7M making its interest coverage ratio -10.8. It has cash and short-term investments of HK$1.2B.
Key information
9.8%
Debt to equity ratio
HK$355.48m
Debt
Interest coverage ratio | -10.8x |
Cash | HK$1.24b |
Equity | HK$3.62b |
Total liabilities | HK$881.82m |
Total assets | HK$4.50b |
Recent financial health updates
No updates
Recent updates
Town Health International Medical Group (HKG:3886) Is Looking To Continue Growing Its Returns On Capital
Mar 21Town Health International Medical Group (HKG:3886) Might Have The Makings Of A Multi-Bagger
Jun 09Shareholders Will Be Pleased With The Quality of Town Health International Medical Group's (HKG:3886) Earnings
May 04Financial Position Analysis
Short Term Liabilities: 3886's short term assets (HK$1.9B) exceed its short term liabilities (HK$597.4M).
Long Term Liabilities: 3886's short term assets (HK$1.9B) exceed its long term liabilities (HK$284.4M).
Debt to Equity History and Analysis
Debt Level: 3886 has more cash than its total debt.
Reducing Debt: 3886's debt to equity ratio has increased from 0.4% to 9.8% over the past 5 years.
Debt Coverage: 3886's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 3886 earns more interest than it pays, so coverage of interest payments is not a concern.