Lucky Harvest Balance Sheet Health
Financial Health criteria checks 6/6
Lucky Harvest has a total shareholder equity of CN¥3.2B and total debt of CN¥128.4M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥6.5B and CN¥3.3B respectively. Lucky Harvest's EBIT is CN¥516.2M making its interest coverage ratio 59.5. It has cash and short-term investments of CN¥734.5M.
Key information
4.0%
Debt to equity ratio
CN¥128.37m
Debt
Interest coverage ratio | 59.5x |
Cash | CN¥734.49m |
Equity | CN¥3.24b |
Total liabilities | CN¥3.29b |
Total assets | CN¥6.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002965's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002965's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥111.8M).
Debt to Equity History and Analysis
Debt Level: 002965 has more cash than its total debt.
Reducing Debt: 002965's debt to equity ratio has reduced from 5.8% to 4% over the past 5 years.
Debt Coverage: 002965's debt is well covered by operating cash flow (145.7%).
Interest Coverage: 002965's interest payments on its debt are well covered by EBIT (59.5x coverage).