Changzhou Langbo Sealing TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Langbo Sealing TechnologiesLtd has a total shareholder equity of CN¥538.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥573.8M and CN¥34.9M respectively. Changzhou Langbo Sealing TechnologiesLtd's EBIT is CN¥24.8M making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥222.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.3x |
| Cash | CN¥222.73m |
| Equity | CN¥538.91m |
| Total liabilities | CN¥34.87m |
| Total assets | CN¥573.78m |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings
Nov 02
Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) 39% Share Price Surge Not Quite Adding Up
Oct 17Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations
May 02Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) Business Is Trailing The Industry But Its Shares Aren't
Feb 28Financial Position Analysis
Short Term Liabilities: 603655's short term assets (CN¥431.7M) exceed its short term liabilities (CN¥30.3M).
Long Term Liabilities: 603655's short term assets (CN¥431.7M) 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.