Lubair Aviation Technology Balance Sheet Health
Financial Health criteria checks 6/6
Lubair Aviation Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥24.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥1.3B and CN¥152.2M respectively. Lubair Aviation Technology's EBIT is CN¥95.5M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥511.1M.
Key information
2.0%
Debt to equity ratio
CN¥24.05m
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥511.15m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥152.21m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Lubair Aviation Technology (SZSE:001316)
Nov 07
Lubair Aviation Technology (SZSE:001316) Has Announced That It Will Be Increasing Its Dividend To CN¥0.645
Jul 05Lubair Aviation Technology's (SZSE:001316) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Financial Position Analysis
Short Term Liabilities: 001316's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥148.2M).
Long Term Liabilities: 001316's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 001316 has more cash than its total debt.
Reducing Debt: 001316's debt to equity ratio has reduced from 12.8% to 2% over the past 5 years.
Debt Coverage: 001316's debt is well covered by operating cash flow (74.2%).
Interest Coverage: 001316 earns more interest than it pays, so coverage of interest payments is not a concern.