Lancy Balance Sheet Health
Financial Health criteria checks 4/6
Lancy has a total shareholder equity of CN¥3.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥8.3B and CN¥4.5B respectively. Lancy's EBIT is CN¥360.4M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥644.7M.
Key information
40.0%
Debt to equity ratio
CN¥1.52b
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥644.68m |
| Equity | CN¥3.79b |
| Total liabilities | CN¥4.48b |
| Total assets | CN¥8.27b |
Recent financial health updates
Recent updates
Lancy Co., Ltd. (SZSE:002612) Screens Well But There Might Be A Catch
Nov 10
An Intrinsic Calculation For Lancy Co., Ltd. (SZSE:002612) Suggests It's 35% Undervalued
Oct 09Fewer Investors Than Expected Jumping On Lancy Co., Ltd. (SZSE:002612)
Jul 24We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)
Jun 21Here's Why Lancy (SZSE:002612) Can Manage Its Debt Responsibly
May 29Is Lancy Co., Ltd. (SZSE:002612) Potentially Undervalued?
Mar 25Here's What To Make Of Lancy's (SZSE:002612) Decelerating Rates Of Return
Feb 28Financial Position Analysis
Short Term Liabilities: 002612's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002612's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002612's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 002612's debt to equity ratio has increased from 32.5% to 40% over the past 5 years.
Debt Coverage: 002612's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 002612's interest payments on its debt are well covered by EBIT (7.4x coverage).