Maccura BiotechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Maccura BiotechnologyLtd has a total shareholder equity of CN¥6.7B and total debt of CN¥702.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥8.1B and CN¥1.4B respectively. Maccura BiotechnologyLtd's EBIT is CN¥441.2M making its interest coverage ratio -66.3. It has cash and short-term investments of CN¥959.7M.
Key information
10.5%
Debt to equity ratio
CN¥702.18m
Debt
Interest coverage ratio | -66.3x |
Cash | CN¥959.70m |
Equity | CN¥6.71b |
Total liabilities | CN¥1.41b |
Total assets | CN¥8.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300463's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300463's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥329.5M).
Debt to Equity History and Analysis
Debt Level: 300463 has more cash than its total debt.
Reducing Debt: 300463's debt to equity ratio has reduced from 41.3% to 10.5% over the past 5 years.
Debt Coverage: 300463's debt is well covered by operating cash flow (105.3%).
Interest Coverage: 300463 earns more interest than it pays, so coverage of interest payments is not a concern.