Jiangxi Fushine Pharmaceutical Balance Sheet Health
Financial Health criteria checks 3/6
Jiangxi Fushine Pharmaceutical has a total shareholder equity of CN¥2.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are CN¥4.8B and CN¥2.3B respectively.
Key information
65.8%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥731.56m |
| Equity | CN¥2.47b |
| Total liabilities | CN¥2.35b |
| Total assets | CN¥4.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300497's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300497's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300497's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: 300497's debt to equity ratio has increased from 59% to 65.8% over the past 5 years.
Debt Coverage: 300497's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300497's interest payments on its debt are well covered by EBIT.