Guangdong Lyric Robot AutomationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Lyric Robot AutomationLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 148.7%. Its total assets and total liabilities are CN¥9.3B and CN¥7.3B respectively.
Key information
148.7%
Debt to equity ratio
CN¥2.95b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.10b |
| Equity | CN¥1.98b |
| Total liabilities | CN¥7.31b |
| Total assets | CN¥9.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688499's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 688499's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 688499's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: 688499's debt to equity ratio has increased from 26.3% to 148.7% over the past 5 years.
Debt Coverage: 688499's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688499's interest payments on its debt are well covered by EBIT.