Guizhou Bailing Group Pharmaceutical Balance Sheet Health
Financial Health criteria checks 3/6
Guizhou Bailing Group Pharmaceutical has a total shareholder equity of CN¥3.5B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are CN¥7.8B and CN¥4.3B respectively.
Key information
50.0%
Debt to equity ratio
CN¥1.75b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥298.91m |
| Equity | CN¥3.49b |
| Total liabilities | CN¥4.30b |
| Total assets | CN¥7.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002424's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002424's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥255.2M).
Debt to Equity History and Analysis
Debt Level: 002424's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: 002424's debt to equity ratio has reduced from 50.2% to 50% over the past 5 years.
Debt Coverage: 002424's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002424's interest payments on its debt are well covered by EBIT.