Ningbo Ligong Environment And Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Ligong Environment And Energy TechnologyLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥282.2M respectively. Ningbo Ligong Environment And Energy TechnologyLtd's EBIT is CN¥287.2M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥427.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥427.77m |
| Equity | CN¥2.90b |
| Total liabilities | CN¥282.15m |
| Total assets | CN¥3.19b |
Recent financial health updates
No updates
Recent updates
There Is A Reason Ningbo Ligong Environment And Energy Technology Co.,Ltd's (SZSE:002322) Price Is Undemanding
Oct 15
Does Ningbo Ligong Environment And Energy TechnologyLtd (SZSE:002322) Deserve A Spot On Your Watchlist?
Sep 26Ningbo Ligong Environment And Energy Technology Co.,Ltd's (SZSE:002322) Shares Lagging The Market But So Is The Business
Jul 16We Ran A Stock Scan For Earnings Growth And Ningbo Ligong Environment And Energy TechnologyLtd (SZSE:002322) Passed With Ease
Jun 05Returns On Capital Signal Difficult Times Ahead For Ningbo Ligong Environment And Energy TechnologyLtd (SZSE:002322)
Apr 03Ningbo Ligong Environment And Energy Technology Co.,Ltd's (SZSE:002322) Shares Climb 31% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002322's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥276.1M).
Long Term Liabilities: 002322's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 002322 is debt free.
Reducing Debt: 002322 has no debt compared to 5 years ago when its debt to equity ratio was 10.6%.
Debt Coverage: 002322 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002322 has no debt, therefore coverage of interest payments is not a concern.