Guangzhou LBP Medicine Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou LBP Medicine Science & Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥3.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.4B and CN¥116.6M respectively. Guangzhou LBP Medicine Science & Technology's EBIT is CN¥26.5M making its interest coverage ratio 310.7. It has cash and short-term investments of CN¥97.4M.
Key information
0.3%
Debt to equity ratio
CN¥3.20m
Debt
Interest coverage ratio | 310.7x |
Cash | CN¥97.43m |
Equity | CN¥1.24b |
Total liabilities | CN¥116.60m |
Total assets | CN¥1.36b |
Recent financial health updates
No updates
Recent updates
Guangzhou LBP Medicine Science & Technology's (SHSE:688393) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 29Some Confidence Is Lacking In Guangzhou LBP Medicine Science & Technology Co., Ltd. (SHSE:688393) As Shares Slide 25%
Apr 23Guangzhou LBP Medicine Science & Technology Co., Ltd.'s (SHSE:688393) 31% Price Boost Is Out Of Tune With Earnings
Mar 09Financial Position Analysis
Short Term Liabilities: 688393's short term assets (CN¥525.5M) exceed its short term liabilities (CN¥65.9M).
Long Term Liabilities: 688393's short term assets (CN¥525.5M) exceed its long term liabilities (CN¥50.7M).
Debt to Equity History and Analysis
Debt Level: 688393 has more cash than its total debt.
Reducing Debt: 688393's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 688393's debt is well covered by operating cash flow (331.7%).
Interest Coverage: 688393's interest payments on its debt are well covered by EBIT (310.7x coverage).