Beijing Leadman BiochemistryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Leadman BiochemistryLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥4.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.9B and CN¥102.9M respectively. Beijing Leadman BiochemistryLtd's EBIT is CN¥5.8M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥847.7M.
Key information
0.2%
Debt to equity ratio
CN¥4.41m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥847.73m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥102.92m |
| Total assets | CN¥1.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300289's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥77.2M).
Long Term Liabilities: 300289's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥25.8M).
Debt to Equity History and Analysis
Debt Level: 300289 has more cash than its total debt.
Reducing Debt: 300289's debt to equity ratio has reduced from 6.7% to 0.2% over the past 5 years.
Debt Coverage: 300289's debt is well covered by operating cash flow (2532.7%).
Interest Coverage: 300289 earns more interest than it pays, so coverage of interest payments is not a concern.