Guangdong Taienkang Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Taienkang Pharmaceutical has a total shareholder equity of CN¥1.8B and total debt of CN¥255.9M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥2.3B and CN¥461.1M respectively. Guangdong Taienkang Pharmaceutical's EBIT is CN¥158.8M making its interest coverage ratio -44.2. It has cash and short-term investments of CN¥589.4M.
Key information
14.0%
Debt to equity ratio
CN¥255.86m
Debt
| Interest coverage ratio | -44.2x |
| Cash | CN¥589.40m |
| Equity | CN¥1.82b |
| Total liabilities | CN¥461.08m |
| Total assets | CN¥2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301263's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥340.7M).
Long Term Liabilities: 301263's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥120.4M).
Debt to Equity History and Analysis
Debt Level: 301263 has more cash than its total debt.
Reducing Debt: 301263's debt to equity ratio has increased from 6.4% to 14% over the past 5 years.
Debt Coverage: 301263's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 301263 earns more interest than it pays, so coverage of interest payments is not a concern.