Tianjin LVYIN Landscape and Ecology Construction Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin LVYIN Landscape and Ecology Construction has a total shareholder equity of CN¥2.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively. Tianjin LVYIN Landscape and Ecology Construction's EBIT is CN¥68.7M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥616.4M.
Key information
58.7%
Debt to equity ratio
CN¥1.44b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥616.38m |
| Equity | CN¥2.46b |
| Total liabilities | CN¥1.96b |
| Total assets | CN¥4.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002887's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥573.1M).
Long Term Liabilities: 002887's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002887's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 002887's debt to equity ratio has increased from 0% to 58.7% over the past 5 years.
Debt Coverage: 002887's debt is not well covered by operating cash flow (7%).
Interest Coverage: 002887 earns more interest than it pays, so coverage of interest payments is not a concern.