Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd has a total shareholder equity of CN¥7.1B and total debt of CN¥551.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥14.4B and CN¥7.4B respectively. Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's EBIT is CN¥905.3M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥2.2B.
Key information
7.8%
Debt to equity ratio
CN¥551.93m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CN¥2.21b |
| Equity | CN¥7.07b |
| Total liabilities | CN¥7.37b |
| Total assets | CN¥14.44b |
Recent financial health updates
Recent updates
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's (SHSE:601952) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Investors Aren't Buying Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.'s (SHSE:601952) Earnings
Oct 03Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Hasn't Managed To Accelerate Its Returns
Aug 12Is Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Using Too Much Debt?
Jun 12Is Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd. (SHSE:601952) Worth CN¥10.0 Based On Its Intrinsic Value?
May 23Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's (SHSE:601952) Conservative Accounting Might Explain Soft Earnings
Apr 25Little Excitement Around Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.'s (SHSE:601952) Earnings
Apr 16Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Has Some Way To Go To Become A Multi-Bagger
Mar 21Financial Position Analysis
Short Term Liabilities: 601952's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 601952's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 601952 has more cash than its total debt.
Reducing Debt: 601952's debt to equity ratio has increased from 3.8% to 7.8% over the past 5 years.
Debt Coverage: 601952's debt is well covered by operating cash flow (301.1%).
Interest Coverage: 601952's interest payments on its debt are well covered by EBIT (5.5x coverage).