Gansu Longshenrongfa Pharmaceutical IndustryLTD Balance Sheet Health
Financial Health criteria checks 5/6
Gansu Longshenrongfa Pharmaceutical IndustryLTD has a total shareholder equity of CN¥742.3M and total debt of CN¥113.8M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥1.4B and CN¥687.7M respectively. Gansu Longshenrongfa Pharmaceutical IndustryLTD's EBIT is CN¥103.2M making its interest coverage ratio -32.1. It has cash and short-term investments of CN¥327.4M.
Key information
15.3%
Debt to equity ratio
CN¥113.83m
Debt
Interest coverage ratio | -32.1x |
Cash | CN¥327.36m |
Equity | CN¥742.31m |
Total liabilities | CN¥687.70m |
Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300534's short term assets (CN¥736.3M) exceed its short term liabilities (CN¥543.0M).
Long Term Liabilities: 300534's short term assets (CN¥736.3M) exceed its long term liabilities (CN¥144.7M).
Debt to Equity History and Analysis
Debt Level: 300534 has more cash than its total debt.
Reducing Debt: 300534's debt to equity ratio has increased from 1.4% to 15.3% over the past 5 years.
Debt Coverage: 300534's debt is well covered by operating cash flow (185.7%).
Interest Coverage: 300534 earns more interest than it pays, so coverage of interest payments is not a concern.