Huadong Medicine Balance Sheet Health
Financial Health criteria checks 6/6
Huadong Medicine has a total shareholder equity of CN¥22.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥34.5B and CN¥12.0B respectively. Huadong Medicine's EBIT is CN¥3.6B making its interest coverage ratio -1470.8. It has cash and short-term investments of CN¥3.6B.
Key information
7.1%
Debt to equity ratio
CN¥1.60b
Debt
Interest coverage ratio | -1470.8x |
Cash | CN¥3.56b |
Equity | CN¥22.49b |
Total liabilities | CN¥11.98b |
Total assets | CN¥34.47b |
Recent financial health updates
Huadong Medicine (SZSE:000963) Seems To Use Debt Rather Sparingly
Jun 28Is Huadong Medicine (SZSE:000963) A Risky Investment?
Mar 16Recent updates
Huadong Medicine (SZSE:000963) Seems To Use Debt Rather Sparingly
Jun 28There Are Reasons To Feel Uneasy About Huadong Medicine's (SZSE:000963) Returns On Capital
Jun 10Huadong Medicine Co., Ltd (SZSE:000963) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 21Market Cool On Huadong Medicine Co., Ltd's (SZSE:000963) Earnings
Apr 08Is Huadong Medicine (SZSE:000963) A Risky Investment?
Mar 16Financial Position Analysis
Short Term Liabilities: 000963's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 000963's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 000963 has more cash than its total debt.
Reducing Debt: 000963's debt to equity ratio has reduced from 16.5% to 7.1% over the past 5 years.
Debt Coverage: 000963's debt is well covered by operating cash flow (230.2%).
Interest Coverage: 000963 earns more interest than it pays, so coverage of interest payments is not a concern.