Luzhou LaojiaoLtd Balance Sheet Health
Financial Health criteria checks 5/6
Luzhou LaojiaoLtd has a total shareholder equity of CN¥41.9B and total debt of CN¥12.5B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are CN¥70.2B and CN¥28.3B respectively. Luzhou LaojiaoLtd's EBIT is CN¥18.7B making its interest coverage ratio -47.6. It has cash and short-term investments of CN¥36.1B.
Key information
29.9%
Debt to equity ratio
CN¥12.54b
Debt
| Interest coverage ratio | -47.6x |
| Cash | CN¥36.10b |
| Equity | CN¥41.95b |
| Total liabilities | CN¥28.29b |
| Total assets | CN¥70.24b |
Recent financial health updates
We Think Luzhou LaojiaoLtd (SZSE:000568) Can Manage Its Debt With Ease
Sep 16
Luzhou LaojiaoLtd (SZSE:000568) Could Easily Take On More Debt
Jun 12Luzhou LaojiaoLtd (SZSE:000568) Has A Rock Solid Balance Sheet
Feb 27Recent updates
We Think Luzhou LaojiaoLtd (SZSE:000568) Can Manage Its Debt With Ease
Sep 16Luzhou LaojiaoLtd (SZSE:000568) Will Pay A Larger Dividend Than Last Year At CN¥5.4
Aug 19There Is A Reason Luzhou Laojiao Co.,Ltd's (SZSE:000568) Price Is Undemanding
Jun 27Luzhou LaojiaoLtd (SZSE:000568) Could Easily Take On More Debt
Jun 12Returns on Capital Paint A Bright Future For Luzhou LaojiaoLtd (SZSE:000568)
May 28Is Luzhou Laojiao Co.,Ltd (SZSE:000568) Potentially Undervalued?
Apr 09Luzhou Laojiao Co.,Ltd (SZSE:000568) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 12Luzhou LaojiaoLtd (SZSE:000568) Has A Rock Solid Balance Sheet
Feb 27Financial Position Analysis
Short Term Liabilities: 000568's short term assets (CN¥52.9B) exceed its short term liabilities (CN¥17.1B).
Long Term Liabilities: 000568's short term assets (CN¥52.9B) exceed its long term liabilities (CN¥11.2B).
Debt to Equity History and Analysis
Debt Level: 000568 has more cash than its total debt.
Reducing Debt: 000568's debt to equity ratio has increased from 0% to 29.9% over the past 5 years.
Debt Coverage: 000568's debt is well covered by operating cash flow (105.5%).
Interest Coverage: 000568 earns more interest than it pays, so coverage of interest payments is not a concern.