New Horizon Health Balance Sheet Health
Financial Health criteria checks 3/6
New Horizon Health has a total shareholder equity of CN¥3.0B and total debt of CN¥380.0M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥3.7B and CN¥689.6M respectively.
Key information
12.7%
Debt to equity ratio
CN¥380.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.68b |
| Equity | CN¥2.99b |
| Total liabilities | CN¥689.62m |
| Total assets | CN¥3.68b |
Recent financial health updates
No updates
Recent updates
New Horizon Health Limited (HKG:6606) Stocks Shoot Up 29% But Its P/S Still Looks Reasonable
Mar 04
Should You Investigate New Horizon Health Limited (HKG:6606) At HK$18.38?
Jan 30Should You Think About Buying New Horizon Health Limited (HKG:6606) Now?
Sep 28New Horizon Health (HKG:6606) Is Posting Healthy Earnings, But It Is Not All Good News
Sep 28Benign Growth For New Horizon Health Limited (HKG:6606) Underpins Stock's 26% Plummet
Aug 02New Forecasts: Here's What Analysts Think The Future Holds For New Horizon Health Limited (HKG:6606)
Jul 14News Flash: Analysts Just Made A Substantial Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts
Mar 19Growth Investors: Industry Analysts Just Upgraded Their New Horizon Health Limited (HKG:6606) Revenue Forecasts By 26%
Jan 13News Flash: Analysts Just Made A Captivating Upgrade To Their New Horizon Health Limited (HKG:6606) Forecasts
Mar 23Need To Know: Analysts Are Much More Bullish On New Horizon Health Limited (HKG:6606) Revenues
Jan 19Financial Position Analysis
Short Term Liabilities: 6606's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥265.5M).
Long Term Liabilities: 6606's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥424.1M).
Debt to Equity History and Analysis
Debt Level: 6606 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6606's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6606's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6606's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/24 02:29 |
| End of Day Share Price | 2024/03/27 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Horizon Health Limited is covered by 6 analysts. 3 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 |
|---|---|
| null null | CMB International Securities Limited |
| Ziyi Chen | Goldman Sachs |
| Yinglan Shu | Haitong International Research Limited |