Zhejiang AngLiKang PharmaceuticalLTD Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang AngLiKang PharmaceuticalLTD has a total shareholder equity of CN¥1.8B and total debt of CN¥469.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are CN¥2.9B and CN¥1.1B respectively. Zhejiang AngLiKang PharmaceuticalLTD's EBIT is CN¥159.6M making its interest coverage ratio -46.5. It has cash and short-term investments of CN¥756.7M.
Key information
26.1%
Debt to equity ratio
CN¥469.49m
Debt
Interest coverage ratio | -46.5x |
Cash | CN¥756.72m |
Equity | CN¥1.80b |
Total liabilities | CN¥1.14b |
Total assets | CN¥2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002940's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥706.4M).
Long Term Liabilities: 002940's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥429.2M).
Debt to Equity History and Analysis
Debt Level: 002940 has more cash than its total debt.
Reducing Debt: 002940's debt to equity ratio has increased from 6.3% to 26.1% over the past 5 years.
Debt Coverage: 002940's debt is well covered by operating cash flow (38%).
Interest Coverage: 002940 earns more interest than it pays, so coverage of interest payments is not a concern.