Kingchem (Liaoning) Life Science Balance Sheet Health
Financial Health criteria checks 6/6
Kingchem (Liaoning) Life Science has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥105.7M respectively. Kingchem (Liaoning) Life Science's EBIT is CN¥152.1M making its interest coverage ratio -17.5. It has cash and short-term investments of CN¥613.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -17.5x |
| Cash | CN¥613.49m |
| Equity | CN¥2.19b |
| Total liabilities | CN¥105.69m |
| Total assets | CN¥2.30b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301509's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥86.5M).
Long Term Liabilities: 301509's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥19.2M).
Debt to Equity History and Analysis
Debt Level: 301509 is debt free.
Reducing Debt: 301509 has no debt compared to 5 years ago when its debt to equity ratio was 30.4%.
Debt Coverage: 301509 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301509 has no debt, therefore coverage of interest payments is not a concern.