Sichuan Shengda Forestry Industry Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Shengda Forestry Industry has a total shareholder equity of CN¥235.5M and total debt of CN¥143.7M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are CN¥904.0M and CN¥668.6M respectively. Sichuan Shengda Forestry Industry's EBIT is CN¥73.3M making its interest coverage ratio 5. It has cash and short-term investments of CN¥254.1M.
Key information
61.0%
Debt to equity ratio
CN¥143.69m
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥254.12m |
| Equity | CN¥235.47m |
| Total liabilities | CN¥668.56m |
| Total assets | CN¥904.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002259's short term assets (CN¥309.8M) exceed its short term liabilities (CN¥218.3M).
Long Term Liabilities: 002259's short term assets (CN¥309.8M) do not cover its long term liabilities (CN¥450.2M).
Debt to Equity History and Analysis
Debt Level: 002259 has more cash than its total debt.
Reducing Debt: 002259's debt to equity ratio has increased from 34.8% to 61% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002259 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002259 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.4% per year.