China Traditional Chinese Medicine Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Traditional Chinese Medicine Holdings has a total shareholder equity of CN¥24.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CN¥37.5B and CN¥13.4B respectively. China Traditional Chinese Medicine Holdings's EBIT is CN¥934.5M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥4.4B.
Key information
22.2%
Debt to equity ratio
CN¥5.36b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥4.40b |
| Equity | CN¥24.15b |
| Total liabilities | CN¥13.40b |
| Total assets | CN¥37.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHIZ.F's short term assets (CN¥20.6B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: CHIZ.F's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: CHIZ.F's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: CHIZ.F's debt to equity ratio has reduced from 33.4% to 22.2% over the past 5 years.
Debt Coverage: CHIZ.F's debt is well covered by operating cash flow (43.9%).
Interest Coverage: CHIZ.F's interest payments on its debt are well covered by EBIT (7.3x coverage).