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¥148.7M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥2.0B and CN¥641.4M respectively. Shanghai Luoman Technologies's EBIT is CN¥96.5M making its interest coverage ratio -20.2. It has cash and short-term investments of CN¥530.5M.
Key information
11.0%
Debt to equity ratio
CN¥148.67m
Debt
| Interest coverage ratio | -20.2x |
| Cash | CN¥530.50m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥641.41m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605289's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥494.6M).
Long Term Liabilities: 605289's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥146.8M).
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 11% over the past 5 years.
Debt Coverage: 605289's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 605289 earns more interest than it pays, so coverage of interest payments is not a concern.