Loctek Ergonomic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Loctek Ergonomic Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are CN¥8.9B and CN¥5.8B respectively. Loctek Ergonomic Technology's EBIT is CN¥334.6M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥2.6B.
Key information
83.1%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥2.61b |
| Equity | CN¥3.17b |
| Total liabilities | CN¥5.78b |
| Total assets | CN¥8.95b |
Recent financial health updates
Does Loctek Ergonomic Technology (SZSE:300729) Have A Healthy Balance Sheet?
Sep 28
These 4 Measures Indicate That Loctek Ergonomic Technology (SZSE:300729) Is Using Debt Extensively
Mar 06Recent updates
Take Care Before Diving Into The Deep End On Loctek Ergonomic Technology Corp. (SZSE:300729)
Oct 13Does Loctek Ergonomic Technology (SZSE:300729) Have A Healthy Balance Sheet?
Sep 28An Intrinsic Calculation For Loctek Ergonomic Technology Corp. (SZSE:300729) Suggests It's 30% Undervalued
May 25Loctek Ergonomic Technology (SZSE:300729) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 24These 4 Measures Indicate That Loctek Ergonomic Technology (SZSE:300729) Is Using Debt Extensively
Mar 06Financial Position Analysis
Short Term Liabilities: 300729's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300729's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 300729's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 300729's debt to equity ratio has increased from 50.8% to 83.1% over the past 5 years.
Debt Coverage: 300729's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 300729's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Loctek Ergonomic Technology Corp. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Peihang Lyu | China International Capital Corporation Limited |
| Zhong Ping Zhao | China Merchants Securities Co. Ltd. |