Landai Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Landai Technology Group has a total shareholder equity of CN¥2.5B and total debt of CN¥857.4M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are CN¥5.2B and CN¥2.7B respectively.
Key information
34.8%
Debt to equity ratio
CN¥857.36m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥541.19m |
| Equity | CN¥2.46b |
| Total liabilities | CN¥2.73b |
| Total assets | CN¥5.20b |
Recent financial health updates
No updates
Recent 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¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002765's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 002765's debt to equity ratio has increased from 17.4% to 34.8% over the past 5 years.
Debt Coverage: 002765's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: Insufficient data to determine if 002765's interest payments on its debt are well covered by EBIT.