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¥950.3M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are CN¥4.6B and CN¥2.6B respectively. Anhui Huaren Health Pharmaceutical's EBIT is CN¥150.4M making its interest coverage ratio 10.6. It has cash and short-term investments of CN¥1.3B.
Key information
48.1%
Debt to equity ratio
CN¥950.31m
Debt
Interest coverage ratio | 10.6x |
Cash | CN¥1.35b |
Equity | CN¥1.98b |
Total liabilities | CN¥2.64b |
Total assets | CN¥4.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301408's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 301408's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥671.4M).
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 26.5% to 48.1% over the past 5 years.
Debt Coverage: 301408's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 301408's interest payments on its debt are well covered by EBIT (10.6x coverage).