ChinaLin Securities Balance Sheet Health
Financial Health criteria checks 4/6
ChinaLin Securities has a total shareholder equity of CN¥6.3B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are CN¥19.6B and CN¥13.3B respectively.
Key information
65.7%
Debt to equity ratio
CN¥4.17b
Debt
Interest coverage ratio | n/a |
Cash | CN¥11.02b |
Equity | CN¥6.34b |
Total liabilities | CN¥13.26b |
Total assets | CN¥19.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002945's short term assets (CN¥17.9B) exceed its short term liabilities (CN¥12.8B).
Long Term Liabilities: 002945's short term assets (CN¥17.9B) exceed its long term liabilities (CN¥426.7M).
Debt to Equity History and Analysis
Debt Level: 002945 has more cash than its total debt.
Reducing Debt: 002945's debt to equity ratio has reduced from 70.2% to 65.7% over the past 5 years.
Debt Coverage: 002945's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002945's interest payments on its debt are well covered by EBIT.