Sichuan Guangan Aaa PublicLtd Balance Sheet Health
Financial Health criteria checks 2/6
Sichuan Guangan Aaa PublicLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are CN¥11.2B and CN¥6.6B respectively. Sichuan Guangan Aaa PublicLtd's EBIT is CN¥417.3M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥802.7M.
Key information
71.8%
Debt to equity ratio
CN¥3.35b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥802.65m |
| Equity | CN¥4.67b |
| Total liabilities | CN¥6.55b |
| Total assets | CN¥11.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600979's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600979's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 600979's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: 600979's debt to equity ratio has increased from 42.1% to 71.8% over the past 5 years.
Debt Coverage: 600979's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 600979's interest payments on its debt are well covered by EBIT (4.7x coverage).