Chongqing Pharscin Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Pharscin Pharmaceutical has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥254.4M respectively. Chongqing Pharscin Pharmaceutical's EBIT is CN¥43.8M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥471.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥471.87m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥254.44m |
| Total assets | CN¥1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002907's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥207.5M).
Long Term Liabilities: 002907's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥46.9M).
Debt to Equity History and Analysis
Debt Level: 002907 is debt free.
Reducing Debt: 002907 has no debt compared to 5 years ago when its debt to equity ratio was 20.9%.
Debt Coverage: 002907 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002907 has no debt, therefore coverage of interest payments is not a concern.