Zhejiang Huahai Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Huahai Pharmaceutical has a total shareholder equity of CN¥9.0B and total debt of CN¥6.9B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are CN¥19.6B and CN¥10.6B respectively. Zhejiang Huahai Pharmaceutical's EBIT is CN¥1.8B making its interest coverage ratio 10.7. It has cash and short-term investments of CN¥1.5B.
Key information
77.1%
Debt to equity ratio
CN¥6.91b
Debt
| Interest coverage ratio | 10.7x |
| Cash | CN¥1.52b |
| Equity | CN¥8.95b |
| Total liabilities | CN¥10.60b |
| Total assets | CN¥19.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600521's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600521's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 600521's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: 600521's debt to equity ratio has increased from 76.8% to 77.1% over the past 5 years.
Debt Coverage: 600521's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 600521's interest payments on its debt are well covered by EBIT (10.7x coverage).