Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical has a total shareholder equity of CN¥863.3M and total debt of CN¥408.7M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥1.9B and CN¥1.1B respectively. Sichuan Hezong Medicine Easy-to-buy Pharmaceutical's EBIT is CN¥44.0M making its interest coverage ratio 10.4. It has cash and short-term investments of CN¥382.5M.
Key information
47.3%
Debt to equity ratio
CN¥408.71m
Debt
Interest coverage ratio | 10.4x |
Cash | CN¥382.47m |
Equity | CN¥863.26m |
Total liabilities | CN¥1.08b |
Total assets | CN¥1.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300937's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300937's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥29.7M).
Debt to Equity History and Analysis
Debt Level: 300937's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 300937's debt to equity ratio has increased from 10.9% to 47.3% over the past 5 years.
Debt Coverage: 300937's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300937's interest payments on its debt are well covered by EBIT (10.4x coverage).