Guiyang Xintian PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guiyang Xintian PharmaceuticalLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥675.1M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are CN¥1.9B and CN¥887.1M respectively. Guiyang Xintian PharmaceuticalLtd's EBIT is CN¥87.1M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥140.7M.
Key information
66.5%
Debt to equity ratio
CN¥675.13m
Debt
Interest coverage ratio | 7.9x |
Cash | CN¥140.72m |
Equity | CN¥1.02b |
Total liabilities | CN¥887.11m |
Total assets | CN¥1.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002873's short term assets (CN¥623.6M) do not cover its short term liabilities (CN¥644.5M).
Long Term Liabilities: 002873's short term assets (CN¥623.6M) exceed its long term liabilities (CN¥242.6M).
Debt to Equity History and Analysis
Debt Level: 002873's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 002873's debt to equity ratio has increased from 31% to 66.5% over the past 5 years.
Debt Coverage: 002873's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 002873's interest payments on its debt are well covered by EBIT (7.9x coverage).