Zhonghong Pulin Medical Products Balance Sheet Health
Financial Health criteria checks 5/6
Zhonghong Pulin Medical Products has a total shareholder equity of CN¥5.9B and total debt of CN¥920.6M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥7.6B and CN¥1.7B respectively. Zhonghong Pulin Medical Products's EBIT is CN¥8.6M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥2.8B.
Key information
15.6%
Debt to equity ratio
CN¥920.64m
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥2.83b |
Equity | CN¥5.91b |
Total liabilities | CN¥1.65b |
Total assets | CN¥7.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300981's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300981's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥151.7M).
Debt to Equity History and Analysis
Debt Level: 300981 has more cash than its total debt.
Reducing Debt: 300981's debt to equity ratio has reduced from 77.5% to 15.6% over the past 5 years.
Debt Coverage: 300981's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 300981 earns more interest than it pays, so coverage of interest payments is not a concern.