Jiangsu Yangnong Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Yangnong Chemical has a total shareholder equity of CN¥10.1B and total debt of CN¥941.5M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥17.1B and CN¥7.0B respectively. Jiangsu Yangnong Chemical's EBIT is CN¥1.4B making its interest coverage ratio -26.3. It has cash and short-term investments of CN¥3.0B.
Key information
9.3%
Debt to equity ratio
CN¥941.49m
Debt
| Interest coverage ratio | -26.3x |
| Cash | CN¥3.04b |
| Equity | CN¥10.13b |
| Total liabilities | CN¥6.98b |
| Total assets | CN¥17.10b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Jiangsu Yangnong Chemical Co., Ltd. (SHSE:600486) Shares 26% But It Can Do More
Apr 29
Jiangsu Yangnong Chemical Co., Ltd. (SHSE:600486) Just Missed Earnings: Here's What Analysts Think Will Happen Next
Apr 26Jiangsu Yangnong Chemical Co., Ltd. Just Missed Revenue By 10%: Here's What Analysts Think Will Happen Next
Mar 30Is It Time To Consider Buying Jiangsu Yangnong Chemical Co., Ltd. (SHSE:600486)?
Mar 19Financial Position Analysis
Short Term Liabilities: 600486's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 600486's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥284.2M).
Debt to Equity History and Analysis
Debt Level: 600486 has more cash than its total debt.
Reducing Debt: 600486's debt to equity ratio has reduced from 9.6% to 9.3% over the past 5 years.
Debt Coverage: 600486's debt is well covered by operating cash flow (213.1%).
Interest Coverage: 600486 earns more interest than it pays, so coverage of interest payments is not a concern.