Hangzhou Tigermed Consulting Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Tigermed Consulting has a total shareholder equity of CN¥24.6B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥30.1B and CN¥5.5B respectively. Hangzhou Tigermed Consulting's EBIT is CN¥1.7B making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥7.4B.
Key information
12.4%
Debt to equity ratio
CN¥3.05b
Debt
Interest coverage ratio | -6.4x |
Cash | CN¥7.44b |
Equity | CN¥24.55b |
Total liabilities | CN¥5.52b |
Total assets | CN¥30.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNGZ.Y's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: HNGZ.Y's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: HNGZ.Y has more cash than its total debt.
Reducing Debt: HNGZ.Y's debt to equity ratio has increased from 10.3% to 12.4% over the past 5 years.
Debt Coverage: HNGZ.Y's debt is well covered by operating cash flow (39.5%).
Interest Coverage: HNGZ.Y earns more interest than it pays, so coverage of interest payments is not a concern.