Landai Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Landai Technology Group has a total shareholder equity of CN¥2.4B and total debt of CN¥722.0M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are CN¥5.1B and CN¥2.7B respectively.
Key information
30.1%
Debt to equity ratio
CN¥721.99m
Debt
Interest coverage ratio | n/a |
Cash | CN¥675.38m |
Equity | CN¥2.40b |
Total liabilities | CN¥2.68b |
Total assets | CN¥5.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002765's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002765's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥964.2M).
Debt to Equity History and Analysis
Debt Level: 002765's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 002765's debt to equity ratio has increased from 18% to 30.1% over the past 5 years.
Debt Coverage: 002765's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: Insufficient data to determine if 002765's interest payments on its debt are well covered by EBIT.