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¥804.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥8.3B and CN¥1.6B respectively. Maccura BiotechnologyLtd's EBIT is CN¥353.3M making its interest coverage ratio 36.8. It has cash and short-term investments of CN¥1.1B.
Key information
12.0%
Debt to equity ratio
CN¥804.42m
Debt
Interest coverage ratio | 36.8x |
Cash | CN¥1.09b |
Equity | CN¥6.70b |
Total liabilities | CN¥1.61b |
Total assets | CN¥8.30b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300463's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300463's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥362.6M).
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 44.5% to 12% over the past 5 years.
Debt Coverage: 300463's debt is well covered by operating cash flow (87.6%).
Interest Coverage: 300463's interest payments on its debt are well covered by EBIT (36.8x coverage).