Hunan Changyuan LicoLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hunan Changyuan LicoLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥15.4B and CN¥7.6B respectively.
Key information
47.2%
Debt to equity ratio
CN¥3.65b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.46b |
| Equity | CN¥7.75b |
| Total liabilities | CN¥7.63b |
| Total assets | CN¥15.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688779's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 688779's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 688779's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: 688779's debt to equity ratio has increased from 2.1% to 47.2% over the past 5 years.
Debt Coverage: 688779's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688779's interest payments on its debt are well covered by EBIT.