Ling Yun Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Ling Yun Industrial has a total shareholder equity of CN¥9.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CN¥19.0B and CN¥9.5B respectively. Ling Yun Industrial's EBIT is CN¥1.1B making its interest coverage ratio -159.4. It has cash and short-term investments of CN¥3.0B.
Key information
22.2%
Debt to equity ratio
CN¥2.10b
Debt
| Interest coverage ratio | -159.4x |
| Cash | CN¥3.04b |
| Equity | CN¥9.47b |
| Total liabilities | CN¥9.55b |
| Total assets | CN¥19.02b |
Recent financial health updates
Is Ling Yun Industrial (SHSE:600480) Using Too Much Debt?
Aug 08
We Think Ling Yun Industrial (SHSE:600480) Can Manage Its Debt With Ease
Apr 30Recent updates
Ling Yun Industrial (SHSE:600480) Ticks All The Boxes When It Comes To Earnings Growth
Nov 11Ling Yun Industrial (SHSE:600480) Is Doing The Right Things To Multiply Its Share Price
Aug 27Is Ling Yun Industrial (SHSE:600480) Using Too Much Debt?
Aug 08The Returns At Ling Yun Industrial (SHSE:600480) Aren't Growing
May 27We Think Ling Yun Industrial (SHSE:600480) Can Manage Its Debt With Ease
Apr 30Investors Continue Waiting On Sidelines For Ling Yun Industrial Corporation Limited (SHSE:600480)
Mar 18Here's Why We Think Ling Yun Industrial (SHSE:600480) Might Deserve Your Attention Today
Mar 01Financial Position Analysis
Short Term Liabilities: 600480's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 600480's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥550.7M).
Debt to Equity History and Analysis
Debt Level: 600480 has more cash than its total debt.
Reducing Debt: 600480's debt to equity ratio has reduced from 57.4% to 22.2% over the past 5 years.
Debt Coverage: 600480's debt is well covered by operating cash flow (86.2%).
Interest Coverage: 600480 earns more interest than it pays, so coverage of interest payments is not a concern.