Shanghai Aladdin Biochemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Aladdin Biochemical TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥409.6M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥1.7B and CN¥616.9M respectively. Shanghai Aladdin Biochemical TechnologyLtd's EBIT is CN¥138.6M making its interest coverage ratio 97.3. It has cash and short-term investments of CN¥539.1M.
Key information
36.9%
Debt to equity ratio
CN¥409.64m
Debt
| Interest coverage ratio | 97.3x |
| Cash | CN¥539.11m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥616.91m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688179's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥209.1M).
Long Term Liabilities: 688179's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥407.8M).
Debt to Equity History and Analysis
Debt Level: 688179 has more cash than its total debt.
Reducing Debt: 688179's debt to equity ratio has increased from 1.3% to 36.9% over the past 5 years.
Debt Coverage: 688179's debt is well covered by operating cash flow (34.6%).
Interest Coverage: 688179's interest payments on its debt are well covered by EBIT (97.3x coverage).