Guangzhou Wondfo BiotechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Wondfo BiotechLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥559.6M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥6.7B and CN¥1.1B respectively. Guangzhou Wondfo BiotechLtd's EBIT is CN¥448.9M making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥2.2B.
Key information
10.1%
Debt to equity ratio
CN¥559.60m
Debt
Interest coverage ratio | -13.3x |
Cash | CN¥2.18b |
Equity | CN¥5.52b |
Total liabilities | CN¥1.15b |
Total assets | CN¥6.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300482's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥455.5M).
Long Term Liabilities: 300482's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥694.0M).
Debt to Equity History and Analysis
Debt Level: 300482 has more cash than its total debt.
Reducing Debt: 300482's debt to equity ratio has increased from 4.3% to 10.1% over the past 5 years.
Debt Coverage: 300482's debt is well covered by operating cash flow (118.6%).
Interest Coverage: 300482 earns more interest than it pays, so coverage of interest payments is not a concern.