Zhejiang Orient Gene BiotechLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Orient Gene BiotechLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥176.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥8.8B and CN¥1.2B respectively.
Key information
2.3%
Debt to equity ratio
CN¥176.77m
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.50b |
Equity | CN¥7.54b |
Total liabilities | CN¥1.22b |
Total assets | CN¥8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688298's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688298's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥77.2M).
Debt to Equity History and Analysis
Debt Level: 688298 has more cash than its total debt.
Reducing Debt: 688298's debt to equity ratio has reduced from 18.6% to 2.3% over the past 5 years.
Debt Coverage: 688298's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688298's interest payments on its debt are well covered by EBIT.