Sichuan Development LomonLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Development LomonLtd has a total shareholder equity of CN¥9.4B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are CN¥18.5B and CN¥9.1B respectively. Sichuan Development LomonLtd's EBIT is CN¥500.9M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥3.6B.
Key information
55.3%
Debt to equity ratio
CN¥5.20b
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥3.61b |
| Equity | CN¥9.40b |
| Total liabilities | CN¥9.07b |
| Total assets | CN¥18.47b |
Recent financial health updates
Recent updates
Earnings Tell The Story For Sichuan Development Lomon Co.,Ltd. (SZSE:002312) As Its Stock Soars 25%
Sep 20
Returns At Sichuan Development LomonLtd (SZSE:002312) Are On The Way Up
Aug 11These 4 Measures Indicate That Sichuan Development LomonLtd (SZSE:002312) Is Using Debt Extensively
Jun 26Shareholders Should Be Pleased With Sichuan Development Lomon Co.,Ltd.'s (SZSE:002312) Price
Jun 03Sichuan Development LomonLtd's (SZSE:002312) Conservative Accounting Might Explain Soft Earnings
Apr 29Sichuan Development Lomon (SZSE:002312) Shareholders Will Want The ROCE Trajectory To Continue
Mar 22Subdued Growth No Barrier To Sichuan Development Lomon Co., Ltd. (SZSE:002312) With Shares Advancing 29%
Mar 04Financial Position Analysis
Short Term Liabilities: 002312's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 002312's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 002312's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 002312's debt to equity ratio has increased from 3.8% to 55.3% over the past 5 years.
Debt Coverage: 002312's debt is not well covered by operating cash flow (13%).
Interest Coverage: 002312 earns more interest than it pays, so coverage of interest payments is not a concern.