China Traditional Chinese Medicine Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Traditional Chinese Medicine Holdings has a total shareholder equity of CN¥23.9B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥37.1B and CN¥13.1B respectively. China Traditional Chinese Medicine Holdings's EBIT is CN¥1.3B making its interest coverage ratio 10.1. It has cash and short-term investments of CN¥3.9B.
Key information
21.1%
Debt to equity ratio
CN¥5.06b
Debt
Interest coverage ratio | 10.1x |
Cash | CN¥3.90b |
Equity | CN¥23.94b |
Total liabilities | CN¥13.13b |
Total assets | CN¥37.07b |
Recent financial health updates
Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
Oct 23Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
May 22These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Extensively
Sep 05Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Apr 28Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Dec 05These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Reasonably Well
Aug 24Recent updates
China Traditional Chinese Medicine Holdings Co. Limited's (HKG:570) P/E Still Appears To Be Reasonable
Jan 04Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
Oct 23Calculating The Intrinsic Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Aug 23Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
May 22China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Analysts Are Reducing Their Forecasts For This Year
Dec 08These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Extensively
Sep 05China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Analysts Just Cut Their EPS Forecasts Substantially
Jul 20Calculating The Fair Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Jul 18Here's Why I Think China Traditional Chinese Medicine Holdings (HKG:570) Is An Interesting Stock
Jun 01Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Apr 28Calculating The Fair Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Feb 14Here's Why I Think China Traditional Chinese Medicine Holdings (HKG:570) Is An Interesting Stock
Jan 11Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Dec 05China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Could Be 27% Below Their Intrinsic Value Estimate
Oct 29I Ran A Stock Scan For Earnings Growth And China Traditional Chinese Medicine Holdings (HKG:570) Passed With Ease
Oct 11These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Reasonably Well
Aug 24Is Now The Time To Put China Traditional Chinese Medicine Holdings (HKG:570) On Your Watchlist?
Jul 13China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 25Does China Traditional Chinese Medicine Holdings (HKG:570) Deserve A Spot On Your Watchlist?
Apr 04Are Investors Undervaluing China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) By 30%?
Mar 15China Traditional Chinese Medicine Holdings Co. Limited's (HKG:570) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 22China Traditional Chinese Medicine Holdings (HKG:570) Shareholders Have Enjoyed A 19% Share Price Gain
Feb 01What Percentage Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Do Insiders Own?
Dec 18Is China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Trading At A 33% Discount?
Dec 03Declining Stock and Decent Financials: Is The Market Wrong About China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)?
Nov 18Financial Position Analysis
Short Term Liabilities: 570's short term assets (CN¥19.8B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 570's short term assets (CN¥19.8B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 570's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 570's debt to equity ratio has reduced from 35% to 21.1% over the past 5 years.
Debt Coverage: 570's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: 570's interest payments on its debt are well covered by EBIT (10.1x coverage).