Zhejiang Shouxiangu Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Shouxiangu Pharmaceutical has a total shareholder equity of CN¥2.3B and total debt of CN¥740.3M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥3.2B and CN¥966.4M respectively.
Key information
32.8%
Debt to equity ratio
CN¥740.28m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.62b |
Equity | CN¥2.26b |
Total liabilities | CN¥966.39m |
Total assets | CN¥3.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603896's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥545.0M).
Long Term Liabilities: 603896's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥421.4M).
Debt to Equity History and Analysis
Debt Level: 603896 has more cash than its total debt.
Reducing Debt: 603896's debt to equity ratio has increased from 3.8% to 32.8% over the past 5 years.
Debt Coverage: 603896's debt is well covered by operating cash flow (38.6%).
Interest Coverage: Insufficient data to determine if 603896's interest payments on its debt are well covered by EBIT.