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¥789.3M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥5.0B and CN¥2.5B respectively.
Key information
32.5%
Debt to equity ratio
CN¥789.29m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥518.68m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥2.54b |
| Total assets | CN¥4.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002765's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002765's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥997.1M).
Debt to Equity History and Analysis
Debt Level: 002765's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 002765's debt to equity ratio has increased from 18.2% to 32.5% over the past 5 years.
Debt Coverage: 002765's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: Insufficient data to determine if 002765's interest payments on its debt are well covered by EBIT.