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
No updates
Recent updates
Financial 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).