Sanai Health Industry Group Balance Sheet Health
Financial Health criteria checks 6/6
Sanai Health Industry Group has a total shareholder equity of CN¥269.7M and total debt of CN¥60.9M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CN¥383.4M and CN¥113.8M respectively. Sanai Health Industry Group's EBIT is CN¥21.4M making its interest coverage ratio 13.3. It has cash and short-term investments of CN¥332.8M.
Key information
22.6%
Debt to equity ratio
CN¥60.91m
Debt
| Interest coverage ratio | 13.3x |
| Cash | CN¥332.84m |
| Equity | CN¥269.67m |
| Total liabilities | CN¥113.77m |
| Total assets | CN¥383.44m |
Recent financial health updates
Recent updates
Positive Sentiment Still Eludes Sanai Health Industry Group Company Limited (HKG:1889) Following 26% Share Price Slump
Apr 03
Improved Earnings Required Before Sanai Health Industry Group Company Limited (HKG:1889) Shares Find Their Feet
Jan 23What Sanai Health Industry Group Company Limited's (HKG:1889) 35% Share Price Gain Is Not Telling You
May 15We Like The Quality Of Sanai Health Industry Group's (HKG:1889) Earnings
Sep 23Financial Position Analysis
Short Term Liabilities: 1889's short term assets (CN¥368.8M) exceed its short term liabilities (CN¥59.2M).
Long Term Liabilities: 1889's short term assets (CN¥368.8M) exceed its long term liabilities (CN¥54.6M).
Debt to Equity History and Analysis
Debt Level: 1889 has more cash than its total debt.
Reducing Debt: 1889's debt to equity ratio has reduced from 326.9% to 22.6% over the past 5 years.
Debt Coverage: 1889's debt is well covered by operating cash flow (161.1%).
Interest Coverage: 1889's interest payments on its debt are well covered by EBIT (13.3x coverage).