ZhuZhou QianJin PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 5/6
ZhuZhou QianJin PharmaceuticalLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥56.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥4.5B and CN¥1.5B respectively. ZhuZhou QianJin PharmaceuticalLtd's EBIT is CN¥384.9M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥1.7B.
Key information
1.9%
Debt to equity ratio
CN¥55.97m
Debt
| Interest coverage ratio | -7.5x |
| Cash | CN¥1.71b |
| Equity | CN¥3.00b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600479's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600479's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥103.5M).
Debt to Equity History and Analysis
Debt Level: 600479 has more cash than its total debt.
Reducing Debt: 600479's debt to equity ratio has increased from 0.9% to 1.9% over the past 5 years.
Debt Coverage: 600479's debt is well covered by operating cash flow (825%).
Interest Coverage: 600479 earns more interest than it pays, so coverage of interest payments is not a concern.