China Resources Sanjiu Medical & Pharmaceutical Balance Sheet Health
Financial Health criteria checks 5/6
China Resources Sanjiu Medical & Pharmaceutical has a total shareholder equity of CN¥26.1B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥40.8B and CN¥14.7B respectively. China Resources Sanjiu Medical & Pharmaceutical's EBIT is CN¥4.1B making its interest coverage ratio -106.9. It has cash and short-term investments of CN¥8.8B.
Key information
10.0%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | -106.9x |
| Cash | CN¥8.85b |
| Equity | CN¥26.06b |
| Total liabilities | CN¥14.71b |
| Total assets | CN¥40.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000999's short term assets (CN¥23.1B) exceed its short term liabilities (CN¥12.3B).
Long Term Liabilities: 000999's short term assets (CN¥23.1B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 000999 has more cash than its total debt.
Reducing Debt: 000999's debt to equity ratio has increased from 0.2% to 10% over the past 5 years.
Debt Coverage: 000999's debt is well covered by operating cash flow (166.7%).
Interest Coverage: 000999 earns more interest than it pays, so coverage of interest payments is not a concern.