Liaoning Dingjide Petrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Dingjide Petrochemical has a total shareholder equity of CN¥2.0B and total debt of CN¥596.7M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥3.0B and CN¥925.0M respectively. Liaoning Dingjide Petrochemical's EBIT is CN¥18.0M making its interest coverage ratio 3. It has cash and short-term investments of CN¥98.0M.
Key information
29.3%
Debt to equity ratio
CN¥596.74m
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥97.98m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥925.01m |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603255's short term assets (CN¥753.4M) do not cover its short term liabilities (CN¥824.9M).
Long Term Liabilities: 603255's short term assets (CN¥753.4M) exceed its long term liabilities (CN¥100.1M).
Debt to Equity History and Analysis
Debt Level: 603255's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 603255's debt to equity ratio has reduced from 43.4% to 29.3% over the past 5 years.
Debt Coverage: 603255's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 603255's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Liaoning Dingjide Petrochemical Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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