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¥9.7B and CN¥1.7B respectively. Joinn Laboratories(China)Co.Ltd's EBIT is CN¥490.4M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥3.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.2x |
Cash | CN¥3.31b |
Equity | CN¥7.99b |
Total liabilities | CN¥1.74b |
Total assets | CN¥9.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6127's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 6127's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥237.0M).
Debt to Equity History and Analysis
Debt Level: 6127 is debt free.
Reducing Debt: 6127 had no debt 5 years ago.
Debt Coverage: 6127 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6127 has no debt, therefore coverage of interest payments is not a concern.