Tibet Cheezheng Tibetan Medicine Balance Sheet Health
Financial Health criteria checks 5/6
Tibet Cheezheng Tibetan Medicine has a total shareholder equity of CN¥3.9B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥6.5B and CN¥2.6B respectively. Tibet Cheezheng Tibetan Medicine's EBIT is CN¥503.0M making its interest coverage ratio 8.4. It has cash and short-term investments of CN¥3.4B.
Key information
47.3%
Debt to equity ratio
CN¥1.85b
Debt
| Interest coverage ratio | 8.4x |
| Cash | CN¥3.35b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥2.62b |
| Total assets | CN¥6.53b |
Recent financial health updates
Recent updates
Tibet Cheezheng Tibetan Medicine (SZSE:002287) Strong Profits May Be Masking Some Underlying Issues
Nov 05
Does Tibet Cheezheng Tibetan Medicine (SZSE:002287) Have A Healthy Balance Sheet?
Oct 23Benign Growth For Tibet Cheezheng Tibetan Medicine Co., Ltd. (SZSE:002287) Underpins Its Share Price
Sep 25Tibet Cheezheng Tibetan Medicine Co., Ltd.'s (SZSE:002287) Prospects Need A Boost To Lift Shares
Jun 07Tibet Cheezheng Tibetan Medicine's (SZSE:002287) Profits May Not Reveal Underlying Issues
Apr 26Tibet Cheezheng Tibetan Medicine Co., Ltd.'s (SZSE:002287) Business And Shares Still Trailing The Market
Feb 27Financial Position Analysis
Short Term Liabilities: 002287's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002287's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002287 has more cash than its total debt.
Reducing Debt: 002287's debt to equity ratio has increased from 13.8% to 47.3% over the past 5 years.
Debt Coverage: 002287's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 002287's interest payments on its debt are well covered by EBIT (8.4x coverage).