Sichuan Guoguang Agrochemical Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Guoguang Agrochemical has a total shareholder equity of CN¥1.9B and total debt of CN¥360.2M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥2.6B and CN¥679.2M respectively. Sichuan Guoguang Agrochemical's EBIT is CN¥401.1M making its interest coverage ratio -19.6. It has cash and short-term investments of CN¥1.3B.
Key information
18.9%
Debt to equity ratio
CN¥360.16m
Debt
| Interest coverage ratio | -19.6x |
| Cash | CN¥1.27b |
| Equity | CN¥1.91b |
| Total liabilities | CN¥679.18m |
| Total assets | CN¥2.59b |
Recent financial health updates
Recent updates
Sichuan Guoguang Agrochemical (SZSE:002749) Has Announced A Dividend Of CN¥0.25
May 27
These 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¥314.0M).
Long Term Liabilities: 002749's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥365.2M).
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 0.6% to 18.9% over the past 5 years.
Debt Coverage: 002749's debt is well covered by operating cash flow (107%).
Interest Coverage: 002749 earns more interest than it pays, so coverage of interest payments is not a concern.