Zhejiang Ausun Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Ausun Pharmaceutical has a total shareholder equity of CN¥2.3B and total debt of CN¥301.2M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥3.0B and CN¥781.2M respectively. Zhejiang Ausun Pharmaceutical's EBIT is CN¥282.2M making its interest coverage ratio -66.4. It has cash and short-term investments of CN¥1.1B.
Key information
13.3%
Debt to equity ratio
CN¥301.23m
Debt
Interest coverage ratio | -66.4x |
Cash | CN¥1.11b |
Equity | CN¥2.26b |
Total liabilities | CN¥781.24m |
Total assets | CN¥3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603229's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥742.1M).
Long Term Liabilities: 603229's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥39.1M).
Debt to Equity History and Analysis
Debt Level: 603229 has more cash than its total debt.
Reducing Debt: 603229's debt to equity ratio has reduced from 16.8% to 13.3% over the past 5 years.
Debt Coverage: 603229's debt is well covered by operating cash flow (67.7%).
Interest Coverage: 603229 earns more interest than it pays, so coverage of interest payments is not a concern.