Qianhai Health Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Qianhai Health Holdings has a total shareholder equity of HK$399.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$525.3M and HK$125.5M respectively. Qianhai Health Holdings's EBIT is HK$75.5M making its interest coverage ratio -770.2. It has cash and short-term investments of HK$2.7M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -770.2x |
| Cash | HK$2.65m |
| Equity | HK$399.81m |
| Total liabilities | HK$125.46m |
| Total assets | HK$525.27m |
Financial Position Analysis
Short Term Liabilities: 911's short term assets (HK$500.0M) exceed its short term liabilities (HK$125.5M).
Long Term Liabilities: 911 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 911 is debt free.
Reducing Debt: 911 has no debt compared to 5 years ago when its debt to equity ratio was 4.3%.
Debt Coverage: 911 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 911 has no debt, therefore coverage of interest payments is not a concern.