Zhejiang Wecome Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Wecome Pharmaceutical has a total shareholder equity of CN¥1.3B and total debt of CN¥332.2M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥1.8B and CN¥502.8M respectively.
Key information
24.9%
Debt to equity ratio
CN¥332.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥320.58m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥502.79m |
| Total assets | CN¥1.84b |
Financial Position Analysis
Short Term Liabilities: 300878's short term assets (CN¥783.9M) exceed its short term liabilities (CN¥175.9M).
Long Term Liabilities: 300878's short term assets (CN¥783.9M) exceed its long term liabilities (CN¥326.9M).
Debt to Equity History and Analysis
Debt Level: 300878's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 300878's debt to equity ratio has reduced from 25.7% to 24.9% over the past 5 years.
Debt Coverage: 300878's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300878's interest payments on its debt are well covered by EBIT.