Jiangsu Jibeier Pharmaceutical Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jibeier Pharmaceutical has a total shareholder equity of CN¥2.0B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.2B and CN¥247.7M respectively. Jiangsu Jibeier Pharmaceutical's EBIT is CN¥248.2M making its interest coverage ratio -20.8. It has cash and short-term investments of CN¥777.8M.
Key information
0.5%
Debt to equity ratio
CN¥9.97m
Debt
Interest coverage ratio | -20.8x |
Cash | CN¥777.85m |
Equity | CN¥1.97b |
Total liabilities | CN¥247.66m |
Total assets | CN¥2.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688566's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥158.9M).
Long Term Liabilities: 688566's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥88.8M).
Debt to Equity History and Analysis
Debt Level: 688566 has more cash than its total debt.
Reducing Debt: 688566's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 688566's debt is well covered by operating cash flow (1392%).
Interest Coverage: 688566 earns more interest than it pays, so coverage of interest payments is not a concern.