Yantai Zhenghai Biotechnology Balance Sheet Health
Financial Health criteria checks 6/6
Yantai Zhenghai Biotechnology has a total shareholder equity of CN¥988.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥91.6M respectively. Yantai Zhenghai Biotechnology's EBIT is CN¥179.6M making its interest coverage ratio -13.8. It has cash and short-term investments of CN¥702.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -13.8x |
Cash | CN¥702.91m |
Equity | CN¥988.45m |
Total liabilities | CN¥91.56m |
Total assets | CN¥1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300653's short term assets (CN¥801.8M) exceed its short term liabilities (CN¥76.2M).
Long Term Liabilities: 300653's short term assets (CN¥801.8M) exceed its long term liabilities (CN¥15.4M).
Debt to Equity History and Analysis
Debt Level: 300653 is debt free.
Reducing Debt: 300653 had no debt 5 years ago.
Debt Coverage: 300653 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300653 has no debt, therefore coverage of interest payments is not a concern.