Guangdong Taienkang Pharmaceutical Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Taienkang Pharmaceutical has a total shareholder equity of CN¥1.9B and total debt of CN¥210.6M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥2.3B and CN¥418.2M respectively. Guangdong Taienkang Pharmaceutical's EBIT is CN¥176.8M making its interest coverage ratio -17.1. It has cash and short-term investments of CN¥675.8M.
Key information
11.3%
Debt to equity ratio
CN¥210.62m
Debt
Interest coverage ratio | -17.1x |
Cash | CN¥675.80m |
Equity | CN¥1.87b |
Total liabilities | CN¥418.20m |
Total assets | CN¥2.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301263's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥284.0M).
Long Term Liabilities: 301263's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥134.2M).
Debt to Equity History and Analysis
Debt Level: 301263 has more cash than its total debt.
Reducing Debt: 301263's debt to equity ratio has reduced from 18.5% to 11.3% over the past 5 years.
Debt Coverage: 301263's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 301263 earns more interest than it pays, so coverage of interest payments is not a concern.