Hangzhou Tigermed Consulting Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Tigermed Consulting has a total shareholder equity of CN¥24.4B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CN¥30.3B and CN¥5.9B respectively. Hangzhou Tigermed Consulting's EBIT is CN¥1.3B making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥2.0B.
Key information
15.2%
Debt to equity ratio
CN¥3.71b
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥2.04b |
| Equity | CN¥24.42b |
| Total liabilities | CN¥5.86b |
| Total assets | CN¥30.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNGZ.Y's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: HNGZ.Y's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: HNGZ.Y's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: HNGZ.Y's debt to equity ratio has increased from 11.5% to 15.2% over the past 5 years.
Debt Coverage: HNGZ.Y's debt is well covered by operating cash flow (28.5%).
Interest Coverage: HNGZ.Y earns more interest than it pays, so coverage of interest payments is not a concern.