Guanhao BiotechLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guanhao BiotechLtd has a total shareholder equity of CN¥471.7M and total debt of CN¥67.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥692.4M and CN¥220.7M respectively. Guanhao BiotechLtd's EBIT is CN¥31.6M making its interest coverage ratio 112.9. It has cash and short-term investments of CN¥96.7M.
Key information
14.2%
Debt to equity ratio
CN¥66.99m
Debt
| Interest coverage ratio | 112.9x |
| Cash | CN¥96.73m |
| Equity | CN¥471.65m |
| Total liabilities | CN¥220.71m |
| Total assets | CN¥692.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300238's short term assets (CN¥274.8M) exceed its short term liabilities (CN¥149.4M).
Long Term Liabilities: 300238's short term assets (CN¥274.8M) exceed its long term liabilities (CN¥71.3M).
Debt to Equity History and Analysis
Debt Level: 300238 has more cash than its total debt.
Reducing Debt: 300238's debt to equity ratio has reduced from 25.8% to 14.2% over the past 5 years.
Debt Coverage: 300238's debt is well covered by operating cash flow (84.4%).
Interest Coverage: 300238's interest payments on its debt are well covered by EBIT (112.9x coverage).