Guangdong Zhongsheng Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Zhongsheng Pharmaceutical has a total shareholder equity of CN¥4.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.8B and CN¥1.3B respectively. Guangdong Zhongsheng Pharmaceutical's EBIT is CN¥213.7M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥1.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥1.54b |
| Equity | CN¥4.54b |
| Total liabilities | CN¥1.28b |
| Total assets | CN¥5.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002317's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥418.3M).
Long Term Liabilities: 002317's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥858.6M).
Debt to Equity History and Analysis
Debt Level: 002317 is debt free.
Reducing Debt: 002317 has no debt compared to 5 years ago when its debt to equity ratio was 18.5%.
Debt Coverage: 002317 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002317 has no debt, therefore coverage of interest payments is not a concern.