L&K Engineering (Suzhou)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
L&K Engineering (Suzhou)Ltd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.5B and CN¥2.8B respectively. L&K Engineering (Suzhou)Ltd's EBIT is CN¥574.1M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -12.3x |
| Cash | CN¥2.23b |
| Equity | CN¥1.69b |
| Total liabilities | CN¥2.82b |
| Total assets | CN¥4.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603929's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 603929's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 603929 is debt free.
Reducing Debt: 603929 had no debt 5 years ago.
Debt Coverage: 603929 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603929 has no debt, therefore coverage of interest payments is not a concern.