Hunan Changyuan LicoLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hunan Changyuan LicoLtd has a total shareholder equity of CN¥7.6B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are CN¥13.5B and CN¥6.0B respectively.
Key information
48.3%
Debt to equity ratio
CN¥3.65b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.52b |
Equity | CN¥7.55b |
Total liabilities | CN¥5.99b |
Total assets | CN¥13.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688779's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 688779's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 688779's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 688779's debt to equity ratio has increased from 2% to 48.3% over the past 5 years.
Debt Coverage: 688779's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if 688779's interest payments on its debt are well covered by EBIT.