Shenzhen Liande Automation Equipmentltd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Liande Automation Equipmentltd has a total shareholder equity of CN¥1.7B and total debt of CN¥594.6M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CN¥3.1B and CN¥1.4B respectively. Shenzhen Liande Automation Equipmentltd's EBIT is CN¥193.8M making its interest coverage ratio 25.6. It has cash and short-term investments of CN¥519.0M.
Key information
34.7%
Debt to equity ratio
CN¥594.65m
Debt
| Interest coverage ratio | 25.6x |
| Cash | CN¥519.04m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥1.42b |
| Total assets | CN¥3.13b |
Recent financial health updates
No updates
Recent updates
Shenzhen Liande Automation Equipment co.,ltd.'s (SZSE:300545) Shares Not Telling The Full Story
Jun 26
Shenzhen Liande Automation Equipmentltd (SZSE:300545) Is Increasing Its Dividend To CN¥0.15
May 24Returns On Capital Signal Tricky Times Ahead For Shenzhen Liande Automation Equipmentltd (SZSE:300545)
May 13Shenzhen Liande Automation Equipmentltd's (SZSE:300545) Earnings Are Of Questionable Quality
Apr 25Shenzhen Liande Automation Equipment co.,ltd. (SZSE:300545) Stocks Shoot Up 34% But Its P/E Still Looks Reasonable
Mar 07Financial Position Analysis
Short Term Liabilities: 300545's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300545's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥212.8M).
Debt to Equity History and Analysis
Debt Level: 300545's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 300545's debt to equity ratio has reduced from 48.8% to 34.7% over the past 5 years.
Debt Coverage: 300545's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300545's interest payments on its debt are well covered by EBIT (25.6x coverage).