Modern Chinese Medicine Group Balance Sheet Health
Financial Health criteria checks 6/6
Modern Chinese Medicine Group has a total shareholder equity of CN¥472.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥528.5M and CN¥55.6M respectively. Modern Chinese Medicine Group's EBIT is CN¥68.4M making its interest coverage ratio -75.9. It has cash and short-term investments of CN¥286.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -75.9x |
| Cash | CN¥286.27m |
| Equity | CN¥472.89m |
| Total liabilities | CN¥55.64m |
| Total assets | CN¥528.53m |
Recent financial health updates
No updates
Recent updates
Lacklustre Performance Is Driving Modern Chinese Medicine Group Co., Ltd.'s (HKG:1643) Low P/E
Mar 25
We Think You Should Be Aware Of Some Concerning Factors In Modern Chinese Medicine Group's (HKG:1643) Earnings
Sep 02Calculating The Fair Value Of Modern Chinese Medicine Group Co., Ltd. (HKG:1643)
Jun 07Financial Position Analysis
Short Term Liabilities: 1643's short term assets (CN¥436.5M) exceed its short term liabilities (CN¥48.9M).
Long Term Liabilities: 1643's short term assets (CN¥436.5M) exceed its long term liabilities (CN¥6.8M).
Debt to Equity History and Analysis
Debt Level: 1643 is debt free.
Reducing Debt: 1643 had no debt 5 years ago.
Debt Coverage: 1643 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1643 has no debt, therefore coverage of interest payments is not a concern.