Zhejiang Xinguang Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Xinguang Pharmaceutical has a total shareholder equity of CN¥866.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥944.7M and CN¥78.2M respectively. Zhejiang Xinguang Pharmaceutical's EBIT is CN¥41.2M making its interest coverage ratio -8.9. It has cash and short-term investments of CN¥735.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.9x |
| Cash | CN¥735.84m |
| Equity | CN¥866.54m |
| Total liabilities | CN¥78.17m |
| Total assets | CN¥944.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300519's short term assets (CN¥799.9M) exceed its short term liabilities (CN¥69.3M).
Long Term Liabilities: 300519's short term assets (CN¥799.9M) exceed its long term liabilities (CN¥8.9M).
Debt to Equity History and Analysis
Debt Level: 300519 is debt free.
Reducing Debt: 300519 had no debt 5 years ago.
Debt Coverage: 300519 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300519 has no debt, therefore coverage of interest payments is not a concern.