Youcare Pharmaceutical Group Balance Sheet Health
Financial Health criteria checks 6/6
Youcare Pharmaceutical Group has a total shareholder equity of CN¥3.6B and total debt of CN¥670.9M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥6.1B and CN¥2.5B respectively. Youcare Pharmaceutical Group's EBIT is CN¥176.2M making its interest coverage ratio -25.8. It has cash and short-term investments of CN¥1.7B.
Key information
18.4%
Debt to equity ratio
CN¥670.87m
Debt
Interest coverage ratio | -25.8x |
Cash | CN¥1.73b |
Equity | CN¥3.64b |
Total liabilities | CN¥2.46b |
Total assets | CN¥6.11b |
Financial Position Analysis
Short Term Liabilities: 688658's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 688658's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥428.9M).
Debt to Equity History and Analysis
Debt Level: 688658 has more cash than its total debt.
Reducing Debt: 688658's debt to equity ratio has reduced from 45.7% to 18.4% over the past 5 years.
Debt Coverage: 688658's debt is well covered by operating cash flow (106.5%).
Interest Coverage: 688658 earns more interest than it pays, so coverage of interest payments is not a concern.