Hunan Changyuan LicoLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hunan Changyuan LicoLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥13.0B and CN¥5.6B respectively.
Key information
42.9%
Debt to equity ratio
CN¥3.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.76b |
| Equity | CN¥7.38b |
| Total liabilities | CN¥5.59b |
| Total assets | CN¥12.96b |
Recent financial health updates
Recent updates
Hunan Changyuan Lico Co.,Ltd.'s (SHSE:688779) Shares Leap 30% Yet They're Still Not Telling The Full Story
Oct 01
Does Hunan Changyuan LicoLtd (SHSE:688779) Have A Healthy Balance Sheet?
Jul 31Is Hunan Changyuan Lico Co.,Ltd. (SHSE:688779) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 04Investors Aren't Buying Hunan Changyuan Lico Co.,Ltd.'s (SHSE:688779) Revenues
Jun 03Financial Position Analysis
Short Term Liabilities: 688779's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 688779's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 688779's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 688779's debt to equity ratio has increased from 1.8% to 42.9% over the past 5 years.
Debt Coverage: 688779's debt is well covered by operating cash flow (76.3%).
Interest Coverage: Insufficient data to determine if 688779's interest payments on its debt are well covered by EBIT.