Guangdong Lingxiao Pump IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Lingxiao Pump IndustryLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥168.7M respectively. Guangdong Lingxiao Pump IndustryLtd's EBIT is CN¥435.1M making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.5x |
| Cash | CN¥1.41b |
| Equity | CN¥2.10b |
| Total liabilities | CN¥168.73m |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002884's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥145.1M).
Long Term Liabilities: 002884's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥23.7M).
Debt to Equity History and Analysis
Debt Level: 002884 is debt free.
Reducing Debt: 002884 has not had any debt for past 5 years.
Debt Coverage: 002884 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002884 has no debt, therefore coverage of interest payments is not a concern.