Jiangsu Hualan New Pharmaceutical MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Hualan New Pharmaceutical MaterialLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.5B and CN¥241.6M respectively. Jiangsu Hualan New Pharmaceutical MaterialLtd's EBIT is CN¥34.6M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥683.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥683.65m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥241.57m |
| Total assets | CN¥2.47b |
Financial Position Analysis
Short Term Liabilities: 301093's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥160.1M).
Long Term Liabilities: 301093's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥81.5M).
Debt to Equity History and Analysis
Debt Level: 301093 is debt free.
Reducing Debt: 301093 has no debt compared to 5 years ago when its debt to equity ratio was 41.6%.
Debt Coverage: 301093 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301093 has no debt, therefore coverage of interest payments is not a concern.