LingNan Eco&Culture-TourismLtd Balance Sheet Health
Financial Health criteria checks 1/6
LingNan Eco&Culture-TourismLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 203.8%. Its total assets and total liabilities are CN¥15.1B and CN¥12.9B respectively.
Key information
203.8%
Debt to equity ratio
CN¥4.50b
Debt
Interest coverage ratio | n/a |
Cash | CN¥246.55m |
Equity | CN¥2.21b |
Total liabilities | CN¥12.90b |
Total assets | CN¥15.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002717's short term assets (CN¥9.3B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 002717's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥719.8M).
Debt to Equity History and Analysis
Debt Level: 002717's net debt to equity ratio (192.7%) is considered high.
Reducing Debt: 002717's debt to equity ratio has increased from 83.3% to 203.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002717 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002717 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.9% each year