Lucky Harvest Balance Sheet Health
Financial Health criteria checks 6/6
Lucky Harvest has a total shareholder equity of CN¥4.1B and total debt of CN¥116.6M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥7.4B and CN¥3.3B respectively. Lucky Harvest's EBIT is CN¥460.4M making its interest coverage ratio 87.1. It has cash and short-term investments of CN¥1.3B.
Key information
2.8%
Debt to equity ratio
CN¥116.56m
Debt
| Interest coverage ratio | 87.1x |
| Cash | CN¥1.28b |
| Equity | CN¥4.10b |
| Total liabilities | CN¥3.28b |
| Total assets | CN¥7.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002965's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002965's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥95.0M).
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 3.3% to 2.8% over the past 5 years.
Debt Coverage: 002965's debt is well covered by operating cash flow (72.6%).
Interest Coverage: 002965's interest payments on its debt are well covered by EBIT (87.1x coverage).