Lanzhou LS Heavy Equipment Balance Sheet Health
Financial Health criteria checks 3/6
Lanzhou LS Heavy Equipment has a total shareholder equity of CN¥3.4B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 113%. Its total assets and total liabilities are CN¥12.9B and CN¥9.5B respectively. Lanzhou LS Heavy Equipment's EBIT is CN¥285.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥1.6B.
Key information
113.0%
Debt to equity ratio
CN¥3.83b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥1.59b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥9.53b |
| Total assets | CN¥12.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603169's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 603169's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 603169's net debt to equity ratio (66%) is considered high.
Reducing Debt: 603169's debt to equity ratio has reduced from 181.1% to 113% over the past 5 years.
Debt Coverage: 603169's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 603169's interest payments on its debt are not well covered by EBIT (2.1x coverage).