Zhejiang Shouxiangu Pharmaceutical Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Shouxiangu Pharmaceutical has a total shareholder equity of CN¥2.2B and total debt of CN¥564.3M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are CN¥3.1B and CN¥822.6M respectively. Zhejiang Shouxiangu Pharmaceutical's EBIT is CN¥174.3M making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥1.2B.
Key information
25.3%
Debt to equity ratio
CN¥564.35m
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥1.16b |
| Equity | CN¥2.23b |
| Total liabilities | CN¥822.58m |
| Total assets | CN¥3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603896's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥378.6M).
Long Term Liabilities: 603896's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥443.9M).
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 1.9% to 25.3% over the past 5 years.
Debt Coverage: 603896's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 603896 earns more interest than it pays, so coverage of interest payments is not a concern.