LBX Pharmacy Chain Balance Sheet Health
Financial Health criteria checks 5/6
LBX Pharmacy Chain has a total shareholder equity of CN¥7.7B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥21.4B and CN¥13.7B respectively. LBX Pharmacy Chain's EBIT is CN¥1.5B making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥2.0B.
Key information
42.9%
Debt to equity ratio
CN¥3.29b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CN¥2.02b |
| Equity | CN¥7.66b |
| Total liabilities | CN¥13.72b |
| Total assets | CN¥21.37b |
Recent financial health updates
Is LBX Pharmacy Chain (SHSE:603883) Using Too Much Debt?
Sep 02
LBX Pharmacy Chain (SHSE:603883) Seems To Use Debt Quite Sensibly
May 21Recent updates
Is LBX Pharmacy Chain (SHSE:603883) Using Too Much Debt?
Sep 02Take Care Before Jumping Onto LBX Pharmacy Chain Joint Stock Company (SHSE:603883) Even Though It's 30% Cheaper
Jul 03Here's Why We Think LBX Pharmacy Chain (SHSE:603883) Is Well Worth Watching
Jun 08LBX Pharmacy Chain (SHSE:603883) Seems To Use Debt Quite Sensibly
May 21There Is A Reason LBX Pharmacy Chain Joint Stock Company's (SHSE:603883) Price Is Undemanding
Apr 22Financial Position Analysis
Short Term Liabilities: 603883's short term assets (CN¥9.2B) do not cover its short term liabilities (CN¥10.3B).
Long Term Liabilities: 603883's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 603883's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 603883's debt to equity ratio has reduced from 47.8% to 42.9% over the past 5 years.
Debt Coverage: 603883's debt is well covered by operating cash flow (69.9%).
Interest Coverage: 603883's interest payments on its debt are well covered by EBIT (15.5x coverage).