Shanghai Shen Lian Biomedical Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Shen Lian Biomedical has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥90.2M respectively. Shanghai Shen Lian Biomedical's EBIT is CN¥7.0M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥173.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.2x |
Cash | CN¥173.27m |
Equity | CN¥1.50b |
Total liabilities | CN¥90.21m |
Total assets | CN¥1.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688098's short term assets (CN¥605.3M) exceed its short term liabilities (CN¥80.1M).
Long Term Liabilities: 688098's short term assets (CN¥605.3M) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 688098 is debt free.
Reducing Debt: 688098 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: 688098 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688098 has no debt, therefore coverage of interest payments is not a concern.