Changzhou Langbo Sealing TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Langbo Sealing TechnologiesLtd has a total shareholder equity of CN¥546.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥581.3M and CN¥34.3M respectively. Changzhou Langbo Sealing TechnologiesLtd's EBIT is CN¥20.2M making its interest coverage ratio -26.3. It has cash and short-term investments of CN¥236.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -26.3x |
| Cash | CN¥236.55m |
| Equity | CN¥546.93m |
| Total liabilities | CN¥34.34m |
| Total assets | CN¥581.27m |
Financial Position Analysis
Short Term Liabilities: 603655's short term assets (CN¥448.4M) exceed its short term liabilities (CN¥29.9M).
Long Term Liabilities: 603655's short term assets (CN¥448.4M) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 603655 is debt free.
Reducing Debt: 603655 had no debt 5 years ago.
Debt Coverage: 603655 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603655 has no debt, therefore coverage of interest payments is not a concern.