Zhangzhou Pientzehuang Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Zhangzhou Pientzehuang Pharmaceutical has a total shareholder equity of CN¥14.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥18.3B and CN¥3.4B respectively. Zhangzhou Pientzehuang Pharmaceutical's EBIT is CN¥3.5B making its interest coverage ratio -25.9. It has cash and short-term investments of CN¥2.4B.
Key information
7.8%
Debt to equity ratio
CN¥1.16b
Debt
Interest coverage ratio | -25.9x |
Cash | CN¥2.37b |
Equity | CN¥14.91b |
Total liabilities | CN¥3.39b |
Total assets | CN¥18.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600436's short term assets (CN¥16.3B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 600436's short term assets (CN¥16.3B) exceed its long term liabilities (CN¥290.1M).
Debt to Equity History and Analysis
Debt Level: 600436 has more cash than its total debt.
Reducing Debt: 600436's debt to equity ratio has reduced from 12% to 7.8% over the past 5 years.
Debt Coverage: 600436's debt is well covered by operating cash flow (181.7%).
Interest Coverage: 600436 earns more interest than it pays, so coverage of interest payments is not a concern.