Anhui Huaren Health Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Huaren Health Pharmaceutical has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥4.9B and CN¥2.9B respectively. Anhui Huaren Health Pharmaceutical's EBIT is CN¥180.3M making its interest coverage ratio 13.1. It has cash and short-term investments of CN¥1.3B.
Key information
53.4%
Debt to equity ratio
CN¥1.09b
Debt
Interest coverage ratio | 13.1x |
Cash | CN¥1.27b |
Equity | CN¥2.04b |
Total liabilities | CN¥2.90b |
Total assets | CN¥4.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301408's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 301408's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥756.6M).
Debt to Equity History and Analysis
Debt Level: 301408 has more cash than its total debt.
Reducing Debt: 301408's debt to equity ratio has increased from 27.4% to 53.4% over the past 5 years.
Debt Coverage: 301408's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 301408's interest payments on its debt are well covered by EBIT (13.1x coverage).