Guangzhou Lingnan Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Lingnan Group Holdings has a total shareholder equity of CN¥2.1B and total debt of CN¥17.4M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥3.4B and CN¥1.2B respectively. Guangzhou Lingnan Group Holdings's EBIT is CN¥103.8M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.3B.
Key information
0.8%
Debt to equity ratio
CN¥17.41m
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥1.32b |
| Equity | CN¥2.14b |
| Total liabilities | CN¥1.22b |
| Total assets | CN¥3.37b |
Recent financial health updates
No updates
Recent updates
Further Upside For Guangzhou Lingnan Group Holdings Company Limited (SZSE:000524) Shares Could Introduce Price Risks After 26% Bounce
Apr 26
Guangzhou Lingnan Group Holdings' (SZSE:000524) Earnings May Just Be The Starting Point
Mar 29The Market Lifts Guangzhou Lingnan Group Holdings Company Limited (SZSE:000524) Shares 26% But It Can Do More
Mar 06Financial Position Analysis
Short Term Liabilities: 000524's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000524's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥170.5M).
Debt to Equity History and Analysis
Debt Level: 000524 has more cash than its total debt.
Reducing Debt: 000524's debt to equity ratio has reduced from 12.4% to 0.8% over the past 5 years.
Debt Coverage: 000524's debt is well covered by operating cash flow (2117.1%).
Interest Coverage: 000524 earns more interest than it pays, so coverage of interest payments is not a concern.