PharmaResources (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
PharmaResources (Shanghai) has a total shareholder equity of CN¥1.1B and total debt of CN¥23.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.5B and CN¥347.6M respectively. PharmaResources (Shanghai)'s EBIT is CN¥4.1M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥502.1M.
Key information
2.1%
Debt to equity ratio
CN¥23.26m
Debt
Interest coverage ratio | 2.7x |
Cash | CN¥502.10m |
Equity | CN¥1.10b |
Total liabilities | CN¥347.59m |
Total assets | CN¥1.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301230's short term assets (CN¥701.3M) exceed its short term liabilities (CN¥176.9M).
Long Term Liabilities: 301230's short term assets (CN¥701.3M) exceed its long term liabilities (CN¥170.7M).
Debt to Equity History and Analysis
Debt Level: 301230 has more cash than its total debt.
Reducing Debt: 301230's debt to equity ratio has reduced from 8.4% to 2.1% over the past 5 years.
Debt Coverage: 301230's debt is well covered by operating cash flow (71.3%).
Interest Coverage: 301230's interest payments on its debt are not well covered by EBIT (2.7x coverage).