ZhuZhou QianJin PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 5/6
ZhuZhou QianJin PharmaceuticalLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥46.8M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥4.5B and CN¥1.4B respectively. ZhuZhou QianJin PharmaceuticalLtd's EBIT is CN¥363.4M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥1.7B.
Key information
1.5%
Debt to equity ratio
CN¥46.83m
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥1.73b |
| Equity | CN¥3.06b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥4.45b |
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¥1.3B).
Long Term Liabilities: 600479's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥94.2M).
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 1.5% over the past 5 years.
Debt Coverage: 600479's debt is well covered by operating cash flow (893%).
Interest Coverage: 600479 earns more interest than it pays, so coverage of interest payments is not a concern.