Beijing Strong BiotechnologiesInc Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Strong BiotechnologiesInc has a total shareholder equity of CN¥3.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥5.2B and CN¥1.5B respectively. Beijing Strong BiotechnologiesInc's EBIT is CN¥619.5M making its interest coverage ratio 29.4. It has cash and short-term investments of CN¥876.2M.
Key information
30.4%
Debt to equity ratio
CN¥1.13b
Debt
Interest coverage ratio | 29.4x |
Cash | CN¥876.24m |
Equity | CN¥3.72b |
Total liabilities | CN¥1.45b |
Total assets | CN¥5.18b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Beijing Strong BiotechnologiesInc (SZSE:300406) On Your Watchlist?
Mar 21Improved Earnings Required Before Beijing Strong Biotechnologies,Inc. (SZSE:300406) Stock's 25% Jump Looks Justified
Mar 03Estimating The Fair Value Of Beijing Strong Biotechnologies,Inc. (SZSE:300406)
Feb 27Financial Position Analysis
Short Term Liabilities: 300406's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥297.1M).
Long Term Liabilities: 300406's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300406's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 300406's debt to equity ratio has increased from 0% to 30.4% over the past 5 years.
Debt Coverage: 300406's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 300406's interest payments on its debt are well covered by EBIT (29.4x coverage).