Jiangsu Leili Motor Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Leili Motor has a total shareholder equity of CN¥3.9B and total debt of CN¥825.0M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥6.3B and CN¥2.4B respectively. Jiangsu Leili Motor's EBIT is CN¥318.7M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥1.9B.
Key information
21.1%
Debt to equity ratio
CN¥824.99m
Debt
| Interest coverage ratio | -7.1x |
| Cash | CN¥1.93b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥2.40b |
| Total assets | CN¥6.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300660's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 300660's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥65.5M).
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 0.3% to 21.1% over the past 5 years.
Debt Coverage: 300660's debt is well covered by operating cash flow (67.4%).
Interest Coverage: 300660 earns more interest than it pays, so coverage of interest payments is not a concern.