Ling Yun Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Ling Yun Industrial has a total shareholder equity of CN¥9.4B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥18.8B and CN¥9.4B respectively. Ling Yun Industrial's EBIT is CN¥993.2M making its interest coverage ratio 92.3. It has cash and short-term investments of CN¥3.1B.
Key information
21.1%
Debt to equity ratio
CN¥1.98b
Debt
| Interest coverage ratio | 92.3x |
| Cash | CN¥3.10b |
| Equity | CN¥9.38b |
| Total liabilities | CN¥9.43b |
| Total assets | CN¥18.82b |
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) 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¥12.0B) exceed its short term liabilities (CN¥8.9B).
Long Term Liabilities: 600480's short term assets (CN¥12.0B) exceed its long term liabilities (CN¥557.0M).
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 59.4% to 21.1% over the past 5 years.
Debt Coverage: 600480's debt is well covered by operating cash flow (82%).
Interest Coverage: 600480's interest payments on its debt are well covered by EBIT (92.3x coverage).