Sichuan Development LomonLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Development LomonLtd has a total shareholder equity of CN¥9.2B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are CN¥17.5B and CN¥8.3B respectively. Sichuan Development LomonLtd's EBIT is CN¥285.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥3.9B.
Key information
48.9%
Debt to equity ratio
CN¥4.51b
Debt
Interest coverage ratio | -3.3x |
Cash | CN¥3.87b |
Equity | CN¥9.24b |
Total liabilities | CN¥8.27b |
Total assets | CN¥17.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002312's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002312's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 002312's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 002312's debt to equity ratio has increased from 3.8% to 48.9% over the past 5 years.
Debt Coverage: 002312's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 002312 earns more interest than it pays, so coverage of interest payments is not a concern.