Shanghai Lianming Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Lianming Machinery has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥492.8M respectively. Shanghai Lianming Machinery's EBIT is CN¥117.7M making its interest coverage ratio -11.3. It has cash and short-term investments of CN¥542.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.3x |
| Cash | CN¥542.60m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥492.81m |
| Total assets | CN¥2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603006's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥447.2M).
Long Term Liabilities: 603006's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥45.6M).
Debt to Equity History and Analysis
Debt Level: 603006 is debt free.
Reducing Debt: 603006 has no debt compared to 5 years ago when its debt to equity ratio was 23.8%.
Debt Coverage: 603006 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603006 has no debt, therefore coverage of interest payments is not a concern.