Shanghai OPM Biosciences Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai OPM Biosciences has a total shareholder equity of CN¥2.2B and total debt of CN¥11.6M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.3B and CN¥150.8M respectively. Shanghai OPM Biosciences's EBIT is CN¥29.8M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.4B.
Key information
0.5%
Debt to equity ratio
CN¥11.59m
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥1.38b |
Equity | CN¥2.15b |
Total liabilities | CN¥150.76m |
Total assets | CN¥2.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688293's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥79.7M).
Long Term Liabilities: 688293's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥71.0M).
Debt to Equity History and Analysis
Debt Level: 688293 has more cash than its total debt.
Reducing Debt: 688293's debt to equity ratio has reduced from 31.4% to 0.5% over the past 5 years.
Debt Coverage: 688293's debt is well covered by operating cash flow (510.2%).
Interest Coverage: 688293 earns more interest than it pays, so coverage of interest payments is not a concern.