China National Accord Medicines Balance Sheet Health
Financial Health criteria checks 5/6
China National Accord Medicines has a total shareholder equity of CN¥21.7B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are CN¥52.0B and CN¥30.3B respectively. China National Accord Medicines's EBIT is CN¥1.9B making its interest coverage ratio -29. It has cash and short-term investments of CN¥5.4B.
Key information
19.9%
Debt to equity ratio
CN¥4.30b
Debt
| Interest coverage ratio | -29x |
| Cash | CN¥5.43b |
| Equity | CN¥21.65b |
| Total liabilities | CN¥30.33b |
| Total assets | CN¥51.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200028's short term assets (CN¥40.7B) exceed its short term liabilities (CN¥28.1B).
Long Term Liabilities: 200028's short term assets (CN¥40.7B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 200028 has more cash than its total debt.
Reducing Debt: 200028's debt to equity ratio has increased from 16.2% to 19.9% over the past 5 years.
Debt Coverage: 200028's debt is well covered by operating cash flow (64%).
Interest Coverage: 200028 earns more interest than it pays, so coverage of interest payments is not a concern.