Lingda Group Balance Sheet Health
Financial Health criteria checks 0/6
Lingda Group has a total shareholder equity of CN¥682.4M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 160.7%. Its total assets and total liabilities are CN¥2.1B and CN¥1.4B respectively. Lingda Group's EBIT is CN¥91.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥74.6M.
Key information
160.7%
Debt to equity ratio
CN¥1.10b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥74.55m |
Equity | CN¥682.41m |
Total liabilities | CN¥1.44b |
Total assets | CN¥2.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300125's short term assets (CN¥459.6M) do not cover its short term liabilities (CN¥598.0M).
Long Term Liabilities: 300125's short term assets (CN¥459.6M) do not cover its long term liabilities (CN¥838.9M).
Debt to Equity History and Analysis
Debt Level: 300125's net debt to equity ratio (149.8%) is considered high.
Reducing Debt: 300125's debt to equity ratio has increased from 51.5% to 160.7% over the past 5 years.
Debt Coverage: 300125's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 300125's interest payments on its debt are not well covered by EBIT (2.5x coverage).