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$3.5B and total debt of HK$232.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are HK$4.3B and HK$751.0M respectively. Town Health International Medical Group's EBIT is HK$115.0M making its interest coverage ratio -16. It has cash and short-term investments of HK$1.2B.
Key information
6.6%
Debt to equity ratio
HK$232.26m
Debt
| Interest coverage ratio | -16x |
| Cash | HK$1.16b |
| Equity | HK$3.52b |
| Total liabilities | HK$750.98m |
| Total assets | HK$4.28b |
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 21
Town 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$489.3M).
Long Term Liabilities: 3886's short term assets (HK$1.9B) exceed its long term liabilities (HK$261.7M).
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 6.6% 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 3886 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3886 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.3% per year.