Leedarson IoT Technology Balance Sheet Health
Financial Health criteria checks 6/6
Leedarson IoT Technology has a total shareholder equity of CN¥3.5B and total debt of CN¥419.0M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥6.4B and CN¥2.9B respectively. Leedarson IoT Technology's EBIT is CN¥291.0M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥1.8B.
Key information
12.0%
Debt to equity ratio
CN¥419.00m
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥1.81b |
| Equity | CN¥3.48b |
| Total liabilities | CN¥2.88b |
| Total assets | CN¥6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605365's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 605365's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥342.9M).
Debt to Equity History and Analysis
Debt Level: 605365 has more cash than its total debt.
Reducing Debt: 605365's debt to equity ratio has reduced from 29.3% to 12% over the past 5 years.
Debt Coverage: 605365's debt is well covered by operating cash flow (125.2%).
Interest Coverage: 605365 earns more interest than it pays, so coverage of interest payments is not a concern.