Shenzhen Liande Automation Equipmentltd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Liande Automation Equipmentltd has a total shareholder equity of CN¥1.8B and total debt of CN¥472.7M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥3.1B and CN¥1.2B respectively. Shenzhen Liande Automation Equipmentltd's EBIT is CN¥279.9M making its interest coverage ratio 37.5. It has cash and short-term investments of CN¥569.8M.
Key information
25.6%
Debt to equity ratio
CN¥472.71m
Debt
| Interest coverage ratio | 37.5x |
| Cash | CN¥569.81m |
| Equity | CN¥1.85b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥3.06b |
Recent financial health updates
No updates
Recent updates
Does Shenzhen Liande Automation Equipmentltd (SZSE:300545) Deserve A Spot On Your Watchlist?
Nov 22
Investors Still Aren't Entirely Convinced By Shenzhen Liande Automation Equipment co.,ltd.'s (SZSE:300545) Earnings Despite 43% Price Jump
Oct 08Shenzhen Liande Automation Equipment co.,ltd.'s (SZSE:300545) Shares Not Telling The Full Story
Jun 26Shenzhen 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¥2.0B) exceed its short term liabilities (CN¥973.7M).
Long Term Liabilities: 300545's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥233.4M).
Debt to Equity History and Analysis
Debt Level: 300545 has more cash than its total debt.
Reducing Debt: 300545's debt to equity ratio has reduced from 52.5% to 25.6% over the past 5 years.
Debt Coverage: 300545's debt is well covered by operating cash flow (46.7%).
Interest Coverage: 300545's interest payments on its debt are well covered by EBIT (37.5x coverage).