Shanghai Lianming Machinery Financial Health
How is Shanghai Lianming Machinery's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 603006's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥451.9M).
Long Term Liabilities: 603006's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥54.2M).
Debt to Equity History and Analysis
Debt Level: 603006 is debt free.
Reducing Debt: 603006 has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: 603006 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603006 has no debt, therefore coverage of interest payments is not a concern.