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¥2.0B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are CN¥6.8B and CN¥2.9B respectively. Tibet Cheezheng Tibetan Medicine's EBIT is CN¥504.1M making its interest coverage ratio 8. It has cash and short-term investments of CN¥2.6B.
Key information
51.2%
Debt to equity ratio
CN¥1.98b
Debt
Interest coverage ratio | 8x |
Cash | CN¥2.57b |
Equity | CN¥3.87b |
Total liabilities | CN¥2.90b |
Total assets | CN¥6.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002287's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002287's short term assets (CN¥3.7B) 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 0% to 51.2% over the past 5 years.
Debt Coverage: 002287's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 002287's interest payments on its debt are well covered by EBIT (8x coverage).