Guangdong Lyric Robot AutomationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Lyric Robot AutomationLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 139.4%. Its total assets and total liabilities are CN¥10.1B and CN¥7.9B respectively.
Key information
139.4%
Debt to equity ratio
CN¥3.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥909.53m |
| Equity | CN¥2.24b |
| Total liabilities | CN¥7.87b |
| Total assets | CN¥10.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688499's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 688499's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 688499's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: 688499's debt to equity ratio has increased from 17.5% to 139.4% over the past 5 years.
Debt Coverage: 688499's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688499's interest payments on its debt are well covered by EBIT.