Shenzhen Neptunus Bioengineering Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Neptunus Bioengineering has a total shareholder equity of CN¥4.3B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 264.3%. Its total assets and total liabilities are CN¥32.7B and CN¥28.4B respectively. Shenzhen Neptunus Bioengineering's EBIT is CN¥855.1M making its interest coverage ratio 32.5. It has cash and short-term investments of CN¥3.9B.
Key information
264.3%
Debt to equity ratio
CN¥11.25b
Debt
Interest coverage ratio | 32.5x |
Cash | CN¥3.93b |
Equity | CN¥4.26b |
Total liabilities | CN¥28.41b |
Total assets | CN¥32.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000078's short term assets (CN¥29.1B) exceed its short term liabilities (CN¥28.0B).
Long Term Liabilities: 000078's short term assets (CN¥29.1B) exceed its long term liabilities (CN¥392.7M).
Debt to Equity History and Analysis
Debt Level: 000078's net debt to equity ratio (171.9%) is considered high.
Reducing Debt: 000078's debt to equity ratio has increased from 140.7% to 264.3% over the past 5 years.
Debt Coverage: 000078's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000078's interest payments on its debt are well covered by EBIT (32.5x coverage).