Tuoxin Pharmaceutical GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tuoxin Pharmaceutical GroupLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥177.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥357.67m |
Equity | CN¥1.57b |
Total liabilities | CN¥177.61m |
Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301089's short term assets (CN¥698.3M) exceed its short term liabilities (CN¥138.4M).
Long Term Liabilities: 301089's short term assets (CN¥698.3M) exceed its long term liabilities (CN¥39.2M).
Debt to Equity History and Analysis
Debt Level: 301089 is debt free.
Reducing Debt: 301089 has no debt compared to 5 years ago when its debt to equity ratio was 49.7%.
Debt Coverage: 301089 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301089 has no debt, therefore coverage of interest payments is not a concern.