Shanghai Lonyer Data Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Lonyer Data has a total shareholder equity of CN¥3.7B and total debt of CN¥448.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥4.8B and CN¥1.0B respectively. Shanghai Lonyer Data's EBIT is CN¥18.2M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥782.8M.
Key information
12.0%
Debt to equity ratio
CN¥448.44m
Debt
Interest coverage ratio | -2.7x |
Cash | CN¥782.84m |
Equity | CN¥3.73b |
Total liabilities | CN¥1.03b |
Total assets | CN¥4.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603003's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥673.8M).
Long Term Liabilities: 603003's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥360.4M).
Debt to Equity History and Analysis
Debt Level: 603003 has more cash than its total debt.
Reducing Debt: 603003's debt to equity ratio has reduced from 33.5% to 12% over the past 5 years.
Debt Coverage: 603003's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603003 earns more interest than it pays, so coverage of interest payments is not a concern.