Lakala Payment Balance Sheet Health
Financial Health criteria checks 5/6
Lakala Payment has a total shareholder equity of CN¥4.0B and total debt of CN¥230.1M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥11.1B and CN¥7.1B respectively. Lakala Payment's EBIT is CN¥651.9M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥6.4B.
Key information
5.8%
Debt to equity ratio
CN¥230.13m
Debt
Interest coverage ratio | -12.6x |
Cash | CN¥6.36b |
Equity | CN¥3.96b |
Total liabilities | CN¥7.13b |
Total assets | CN¥11.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300773's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 300773's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥64.9M).
Debt to Equity History and Analysis
Debt Level: 300773 has more cash than its total debt.
Reducing Debt: 300773's debt to equity ratio has increased from 0.6% to 5.8% over the past 5 years.
Debt Coverage: 300773's debt is well covered by operating cash flow (151%).
Interest Coverage: 300773 earns more interest than it pays, so coverage of interest payments is not a concern.