Dalian BIO-CHEM Balance Sheet Health
Financial Health criteria checks 5/6
Dalian BIO-CHEM has a total shareholder equity of CN¥1.6B and total debt of CN¥130.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥1.9B and CN¥272.5M respectively. Dalian BIO-CHEM's EBIT is CN¥381.0M making its interest coverage ratio -109. It has cash and short-term investments of CN¥501.3M.
Key information
8.2%
Debt to equity ratio
CN¥130.01m
Debt
Interest coverage ratio | -109x |
Cash | CN¥501.29m |
Equity | CN¥1.59b |
Total liabilities | CN¥272.53m |
Total assets | CN¥1.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603360's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥225.6M).
Long Term Liabilities: 603360's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥47.0M).
Debt to Equity History and Analysis
Debt Level: 603360 has more cash than its total debt.
Reducing Debt: 603360's debt to equity ratio has increased from 6.6% to 8.2% over the past 5 years.
Debt Coverage: 603360's debt is well covered by operating cash flow (332.7%).
Interest Coverage: 603360 earns more interest than it pays, so coverage of interest payments is not a concern.