Chongqing Pharscin Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Pharscin Pharmaceutical has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥214.9M respectively. Chongqing Pharscin Pharmaceutical's EBIT is CN¥48.9M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥453.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.8x |
Cash | CN¥453.53m |
Equity | CN¥1.63b |
Total liabilities | CN¥214.94m |
Total assets | CN¥1.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002907's short term assets (CN¥872.9M) exceed its short term liabilities (CN¥168.9M).
Long Term Liabilities: 002907's short term assets (CN¥872.9M) exceed its long term liabilities (CN¥46.1M).
Debt to Equity History and Analysis
Debt Level: 002907 is debt free.
Reducing Debt: 002907 has no debt compared to 5 years ago when its debt to equity ratio was 6.1%.
Debt Coverage: 002907 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002907 has no debt, therefore coverage of interest payments is not a concern.