Joinn Laboratories(China)Co.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Joinn Laboratories(China)Co.Ltd has a total shareholder equity of CN¥8.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥9.5B and CN¥1.5B respectively. Joinn Laboratories(China)Co.Ltd's EBIT is CN¥213.3M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥3.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥3.22b |
| Equity | CN¥7.99b |
| Total liabilities | CN¥1.53b |
| Total assets | CN¥9.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603127's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603127's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥235.6M).
Debt to Equity History and Analysis
Debt Level: 603127 is debt free.
Reducing Debt: 603127 had no debt 5 years ago.
Debt Coverage: 603127 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603127 has no debt, therefore coverage of interest payments is not a concern.