Guangdong Jiaying Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Jiaying Pharmaceutical has a total shareholder equity of CN¥751.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥829.5M and CN¥77.7M respectively. Guangdong Jiaying Pharmaceutical's EBIT is CN¥50.7M making its interest coverage ratio -50.9. It has cash and short-term investments of CN¥285.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -50.9x |
| Cash | CN¥285.65m |
| Equity | CN¥751.78m |
| Total liabilities | CN¥77.69m |
| Total assets | CN¥829.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002198's short term assets (CN¥558.9M) exceed its short term liabilities (CN¥42.5M).
Long Term Liabilities: 002198's short term assets (CN¥558.9M) exceed its long term liabilities (CN¥35.2M).
Debt to Equity History and Analysis
Debt Level: 002198 is debt free.
Reducing Debt: 002198 has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
Debt Coverage: 002198 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002198 has no debt, therefore coverage of interest payments is not a concern.