Jiangsu SOPO Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu SOPO Chemical has a total shareholder equity of CN¥5.2B and total debt of CN¥513.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥6.5B and CN¥1.3B respectively. Jiangsu SOPO Chemical's EBIT is CN¥181.9M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥793.6M.
Key information
9.9%
Debt to equity ratio
CN¥513.49m
Debt
Interest coverage ratio | -12.1x |
Cash | CN¥793.60m |
Equity | CN¥5.21b |
Total liabilities | CN¥1.33b |
Total assets | CN¥6.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600746's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600746's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥230.1M).
Debt to Equity History and Analysis
Debt Level: 600746 has more cash than its total debt.
Reducing Debt: 600746's debt to equity ratio has increased from 0% to 9.9% over the past 5 years.
Debt Coverage: 600746's debt is well covered by operating cash flow (156.9%).
Interest Coverage: 600746 earns more interest than it pays, so coverage of interest payments is not a concern.