Yantai Zhenghai Biotechnology Balance Sheet Health
Financial Health criteria checks 6/6
Yantai Zhenghai Biotechnology has a total shareholder equity of CN¥894.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥977.4M and CN¥82.6M respectively. Yantai Zhenghai Biotechnology's EBIT is CN¥165.0M making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥609.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.8x |
| Cash | CN¥609.80m |
| Equity | CN¥894.85m |
| Total liabilities | CN¥82.55m |
| Total assets | CN¥977.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300653's short term assets (CN¥708.7M) exceed its short term liabilities (CN¥71.4M).
Long Term Liabilities: 300653's short term assets (CN¥708.7M) exceed its long term liabilities (CN¥11.2M).
Debt to Equity History and Analysis
Debt Level: 300653 is debt free.
Reducing Debt: 300653 had no debt 5 years ago.
Debt Coverage: 300653 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300653 has no debt, therefore coverage of interest payments is not a concern.