China Resources Medical Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Medical Holdings has a total shareholder equity of CN¥7.0B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥13.7B and CN¥6.6B respectively. China Resources Medical Holdings's EBIT is CN¥802.8M making its interest coverage ratio 18.8. It has cash and short-term investments of CN¥1.2B.
Key information
30.8%
Debt to equity ratio
CN¥2.16b
Debt
Interest coverage ratio | 18.8x |
Cash | CN¥1.24b |
Equity | CN¥7.01b |
Total liabilities | CN¥6.64b |
Total assets | CN¥13.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1515's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥5.2B).
Long Term Liabilities: 1515's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 1515's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 1515's debt to equity ratio has increased from 13.1% to 30.8% over the past 5 years.
Debt Coverage: 1515's debt is well covered by operating cash flow (49.5%).
Interest Coverage: 1515's interest payments on its debt are well covered by EBIT (18.8x coverage).