Shanghai Luoman Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Luoman Technologies has a total shareholder equity of CN¥1.3B and total debt of CN¥157.1M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥2.0B and CN¥677.3M respectively. Shanghai Luoman Technologies's EBIT is CN¥100.0M making its interest coverage ratio -20.5. It has cash and short-term investments of CN¥455.1M.
Key information
12.0%
Debt to equity ratio
CN¥157.14m
Debt
| Interest coverage ratio | -20.5x |
| Cash | CN¥455.12m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥677.32m |
| Total assets | CN¥1.98b |
Recent financial health updates
No updates
Recent updates
Shanghai Luoman Technologies' (SHSE:605289) Returns On Capital Not Reflecting Well On The Business
Jun 07
With A 26% Price Drop For Shanghai Luoman Technologies Inc. (SHSE:605289) You'll Still Get What You Pay For
Apr 15Calculating The Fair Value Of Shanghai Luoman Lighting Technologies Inc. (SHSE:605289)
Mar 20Shanghai Luoman Lighting Technologies Inc. (SHSE:605289) Not Flying Under The Radar
Feb 28Financial Position Analysis
Short Term Liabilities: 605289's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥534.3M).
Long Term Liabilities: 605289's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥143.0M).
Debt to Equity History and Analysis
Debt Level: 605289 has more cash than its total debt.
Reducing Debt: 605289's debt to equity ratio has increased from 10.1% to 12% over the past 5 years.
Debt Coverage: 605289's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605289 earns more interest than it pays, so coverage of interest payments is not a concern.