Sichuan Guoguang Agrochemical Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Guoguang Agrochemical has a total shareholder equity of CN¥2.2B and total debt of CN¥9.8M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.6B and CN¥385.7M respectively. Sichuan Guoguang Agrochemical's EBIT is CN¥388.4M making its interest coverage ratio -22.1. It has cash and short-term investments of CN¥1.3B.
Key information
0.4%
Debt to equity ratio
CN¥9.81m
Debt
| Interest coverage ratio | -22.1x |
| Cash | CN¥1.27b |
| Equity | CN¥2.20b |
| Total liabilities | CN¥385.66m |
| Total assets | CN¥2.58b |
Recent financial health updates
We Think Sichuan Guoguang Agrochemical (SZSE:002749) Can Manage Its Debt With Ease
Oct 14
These 4 Measures Indicate That Sichuan Guoguang Agrochemical (SZSE:002749) Is Using Debt Safely
Mar 22Recent updates
We Think Sichuan Guoguang Agrochemical (SZSE:002749) Can Manage Its Debt With Ease
Oct 14Should You Be Adding Sichuan Guoguang Agrochemical (SZSE:002749) To Your Watchlist Today?
Sep 30Sichuan Guoguang Agrochemical's (SZSE:002749) Promising Earnings May Rest On Soft Foundations
Aug 22Sichuan Guoguang Agrochemical (SZSE:002749) Has Announced A Dividend Of CN¥0.25
May 27These 4 Measures Indicate That Sichuan Guoguang Agrochemical (SZSE:002749) Is Using Debt Safely
Mar 22Sichuan Guoguang Agrochemical Co., Ltd. (SZSE:002749) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Mar 05Financial Position Analysis
Short Term Liabilities: 002749's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥331.6M).
Long Term Liabilities: 002749's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥54.1M).
Debt to Equity History and Analysis
Debt Level: 002749 has more cash than its total debt.
Reducing Debt: 002749's debt to equity ratio has increased from 0.3% to 0.4% over the past 5 years.
Debt Coverage: 002749's debt is well covered by operating cash flow (4166.2%).
Interest Coverage: 002749 earns more interest than it pays, so coverage of interest payments is not a concern.