Henan Taloph Pharmaceutical StockLtd Balance Sheet Health
Financial Health criteria checks 4/6
Henan Taloph Pharmaceutical StockLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥814.9M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are CN¥3.7B and CN¥2.0B respectively. Henan Taloph Pharmaceutical StockLtd's EBIT is CN¥90.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥312.8M.
Key information
49.9%
Debt to equity ratio
CN¥814.94m
Debt
Interest coverage ratio | 1.8x |
Cash | CN¥312.84m |
Equity | CN¥1.63b |
Total liabilities | CN¥2.02b |
Total assets | CN¥3.65b |
Financial Position Analysis
Short Term Liabilities: 600222's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 600222's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥283.4M).
Debt to Equity History and Analysis
Debt Level: 600222's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 600222's debt to equity ratio has reduced from 88.6% to 49.9% over the past 5 years.
Debt Coverage: 600222's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 600222's interest payments on its debt are not well covered by EBIT (1.8x coverage).