Tianjin Ringpu Bio-TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Ringpu Bio-TechnologyLtd has a total shareholder equity of CN¥4.9B and total debt of CN¥905.1M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are CN¥6.7B and CN¥1.8B respectively. Tianjin Ringpu Bio-TechnologyLtd's EBIT is CN¥380.7M making its interest coverage ratio 107.8. It has cash and short-term investments of CN¥1.9B.
Key information
18.5%
Debt to equity ratio
CN¥905.14m
Debt
| Interest coverage ratio | 107.8x |
| Cash | CN¥1.86b |
| Equity | CN¥4.88b |
| Total liabilities | CN¥1.78b |
| Total assets | CN¥6.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300119's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300119's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥548.7M).
Debt to Equity History and Analysis
Debt Level: 300119 has more cash than its total debt.
Reducing Debt: 300119's debt to equity ratio has reduced from 22.3% to 18.5% over the past 5 years.
Debt Coverage: 300119's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 300119's interest payments on its debt are well covered by EBIT (107.8x coverage).