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¥7.2B and total debt of CN¥571.2M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥14.3B and CN¥7.1B respectively. Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's EBIT is CN¥974.7M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥3.0B.
Key information
7.9%
Debt to equity ratio
CN¥571.21m
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥2.95b |
| Equity | CN¥7.22b |
| Total liabilities | CN¥7.07b |
| Total assets | CN¥14.29b |
Recent financial health updates
No updates
Recent updates
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's (SHSE:601952) Conservative Accounting Might Explain Soft Earnings
Apr 25
Little 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¥7.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 601952's short term assets (CN¥7.7B) 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 3.5% to 7.9% over the past 5 years.
Debt Coverage: 601952's debt is well covered by operating cash flow (413.5%).
Interest Coverage: 601952's interest payments on its debt are well covered by EBIT (4.9x coverage).