Nanjing LES Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing LES Information Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥245.1K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥3.4B and CN¥1.5B respectively. Nanjing LES Information Technology's EBIT is CN¥171.2M making its interest coverage ratio -24.9. It has cash and short-term investments of CN¥1.1B.
Key information
0.01%
Debt to equity ratio
CN¥245.14k
Debt
Interest coverage ratio | -24.9x |
Cash | CN¥1.14b |
Equity | CN¥1.87b |
Total liabilities | CN¥1.50b |
Total assets | CN¥3.37b |
Financial Position Analysis
Short Term Liabilities: 688631's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688631's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥41.3M).
Debt to Equity History and Analysis
Debt Level: 688631 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688631's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688631's debt is well covered by operating cash flow (31838%).
Interest Coverage: 688631 earns more interest than it pays, so coverage of interest payments is not a concern.