L&K Engineering (Suzhou)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
L&K Engineering (Suzhou)Ltd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥2.3B respectively. L&K Engineering (Suzhou)Ltd's EBIT is CN¥374.7M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -8.1x |
Cash | CN¥1.76b |
Equity | CN¥1.57b |
Total liabilities | CN¥2.27b |
Total assets | CN¥3.84b |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before L&K Engineering (Suzhou) Co.,Ltd. (SHSE:603929) Stock's 27% Jump Looks Justified
Apr 21Market Might Still Lack Some Conviction On L&K Engineering (Suzhou) Co.,Ltd. (SHSE:603929) Even After 33% Share Price Boost
Mar 06Does L&K Engineering (Suzhou)Ltd (SHSE:603929) Deserve A Spot On Your Watchlist?
Feb 28Financial Position Analysis
Short Term Liabilities: 603929's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603929's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 603929 is debt free.
Reducing Debt: 603929 had no debt 5 years ago.
Debt Coverage: 603929 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603929 has no debt, therefore coverage of interest payments is not a concern.