Luolai Lifestyle Technology Balance Sheet Health
Financial Health criteria checks 5/6
Luolai Lifestyle Technology has a total shareholder equity of CN¥4.1B and total debt of CN¥701.7M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥6.7B and CN¥2.5B respectively. Luolai Lifestyle Technology's EBIT is CN¥602.8M making its interest coverage ratio -21.2. It has cash and short-term investments of CN¥1.9B.
Key information
16.9%
Debt to equity ratio
CN¥701.67m
Debt
Interest coverage ratio | -21.2x |
Cash | CN¥1.94b |
Equity | CN¥4.15b |
Total liabilities | CN¥2.52b |
Total assets | CN¥6.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002293's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002293's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥901.7M).
Debt to Equity History and Analysis
Debt Level: 002293 has more cash than its total debt.
Reducing Debt: 002293's debt to equity ratio has increased from 5.1% to 16.9% over the past 5 years.
Debt Coverage: 002293's debt is well covered by operating cash flow (125.5%).
Interest Coverage: 002293 earns more interest than it pays, so coverage of interest payments is not a concern.