Shaanxi Panlong Pharmaceutical Group Limited By Share Balance Sheet Health
Financial Health criteria checks 5/6
Shaanxi Panlong Pharmaceutical Group Limited By Share has a total shareholder equity of CN¥1.6B and total debt of CN¥102.5M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥2.1B and CN¥573.8M respectively. Shaanxi Panlong Pharmaceutical Group Limited By Share's EBIT is CN¥128.0M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥1.1B.
Key information
6.6%
Debt to equity ratio
CN¥102.49m
Debt
Interest coverage ratio | -10.3x |
Cash | CN¥1.10b |
Equity | CN¥1.55b |
Total liabilities | CN¥573.76m |
Total assets | CN¥2.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002864's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥480.4M).
Long Term Liabilities: 002864's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥93.4M).
Debt to Equity History and Analysis
Debt Level: 002864 has more cash than its total debt.
Reducing Debt: 002864's debt to equity ratio has increased from 0% to 6.6% over the past 5 years.
Debt Coverage: 002864's debt is well covered by operating cash flow (162%).
Interest Coverage: 002864 earns more interest than it pays, so coverage of interest payments is not a concern.