Shandong Pharmaceutical GlassLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Pharmaceutical GlassLtd has a total shareholder equity of CN¥7.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥10.0B and CN¥2.2B respectively. Shandong Pharmaceutical GlassLtd's EBIT is CN¥1.0B making its interest coverage ratio -26.1. It has cash and short-term investments of CN¥2.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -26.1x |
| Cash | CN¥2.79b |
| Equity | CN¥7.79b |
| Total liabilities | CN¥2.19b |
| Total assets | CN¥9.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600529's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600529's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥110.7M).
Debt to Equity History and Analysis
Debt Level: 600529 is debt free.
Reducing Debt: 600529 had no debt 5 years ago.
Debt Coverage: 600529 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600529 has no debt, therefore coverage of interest payments is not a concern.