Jiangsu Leili Motor Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Leili Motor has a total shareholder equity of CN¥3.8B and total debt of CN¥772.8M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥6.1B and CN¥2.3B respectively. Jiangsu Leili Motor's EBIT is CN¥340.1M making its interest coverage ratio -8. It has cash and short-term investments of CN¥1.9B.
Key information
20.2%
Debt to equity ratio
CN¥772.83m
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥1.91b |
| Equity | CN¥3.83b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥6.12b |
Recent financial health updates
Recent updates
Optimistic Investors Push Jiangsu Leili Motor Co., Ltd (SZSE:300660) Shares Up 42% But Growth Is Lacking
Oct 08
Is Jiangsu Leili Motor (SZSE:300660) Using Too Much Debt?
Sep 27Jiangsu Leili Motor (SZSE:300660) Hasn't Managed To Accelerate Its Returns
Jun 17Jiangsu Leili Motor (SZSE:300660) Has Announced That It Will Be Increasing Its Dividend To CN¥0.56
May 24Jiangsu Leili Motor Co., Ltd (SZSE:300660) Stock Rockets 31% But Many Are Still Ignoring The Company
Mar 04Here's What To Make Of Jiangsu Leili Motor's (SZSE:300660) Decelerating Rates Of Return
Feb 27Financial Position Analysis
Short Term Liabilities: 300660's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300660's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥69.2M).
Debt to Equity History and Analysis
Debt Level: 300660 has more cash than its total debt.
Reducing Debt: 300660's debt to equity ratio has increased from 2.8% to 20.2% over the past 5 years.
Debt Coverage: 300660's debt is well covered by operating cash flow (75.1%).
Interest Coverage: 300660 earns more interest than it pays, so coverage of interest payments is not a concern.