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¥22.9B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥35.6B and CN¥12.7B respectively. China Traditional Chinese Medicine Holdings's EBIT is CN¥1.2B making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥3.5B.
Key information
21.6%
Debt to equity ratio
CN¥4.96b
Debt
Interest coverage ratio | 7.7x |
Cash | CN¥3.46b |
Equity | CN¥22.95b |
Total liabilities | CN¥12.67b |
Total assets | CN¥35.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHIZ.F's short term assets (CN¥18.0B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: CHIZ.F's short term assets (CN¥18.0B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: CHIZ.F's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: CHIZ.F's debt to equity ratio has reduced from 37.3% to 21.6% over the past 5 years.
Debt Coverage: CHIZ.F's debt is well covered by operating cash flow (22%).
Interest Coverage: CHIZ.F's interest payments on its debt are well covered by EBIT (7.7x coverage).