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¥48.9M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥4.7B and CN¥1.7B respectively. ZhuZhou QianJin PharmaceuticalLtd's EBIT is CN¥380.9M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥1.8B.
Key information
1.6%
Debt to equity ratio
CN¥48.95m
Debt
Interest coverage ratio | -5.8x |
Cash | CN¥1.80b |
Equity | CN¥3.08b |
Total liabilities | CN¥1.66b |
Total assets | CN¥4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600479's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600479's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥109.9M).
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 1% to 1.6% over the past 5 years.
Debt Coverage: 600479's debt is well covered by operating cash flow (954%).
Interest Coverage: 600479 earns more interest than it pays, so coverage of interest payments is not a concern.