Guangzhou Lingnan Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Lingnan Group Holdings has a total shareholder equity of CN¥2.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥1.6B respectively. Guangzhou Lingnan Group Holdings's EBIT is CN¥83.9M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥1.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥1.66b |
| Equity | CN¥2.27b |
| Total liabilities | CN¥1.56b |
| Total assets | CN¥3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000524's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000524's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥199.3M).
Debt to Equity History and Analysis
Debt Level: 000524 is debt free.
Reducing Debt: 000524 has no debt compared to 5 years ago when its debt to equity ratio was 13.1%.
Debt Coverage: 000524 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000524 has no debt, therefore coverage of interest payments is not a concern.