Tibet Weixinkang Medicine Balance Sheet Health
Financial Health criteria checks 6/6
Tibet Weixinkang Medicine has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥459.0M respectively. Tibet Weixinkang Medicine's EBIT is CN¥144.5M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -8.4x |
Cash | CN¥1.00b |
Equity | CN¥1.44b |
Total liabilities | CN¥458.96m |
Total assets | CN¥1.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603676's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥418.3M).
Long Term Liabilities: 603676's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥40.6M).
Debt to Equity History and Analysis
Debt Level: 603676 is debt free.
Reducing Debt: 603676 has no debt compared to 5 years ago when its debt to equity ratio was 2.9%.
Debt Coverage: 603676 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603676 has no debt, therefore coverage of interest payments is not a concern.