Luoniushan Balance Sheet Health
Financial Health criteria checks 3/6
Luoniushan has a total shareholder equity of CN¥4.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are CN¥10.7B and CN¥6.2B respectively.
Key information
35.0%
Debt to equity ratio
CN¥1.58b
Debt
Interest coverage ratio | n/a |
Cash | CN¥981.42m |
Equity | CN¥4.52b |
Total liabilities | CN¥6.20b |
Total assets | CN¥10.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000735's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥4.0B).
Long Term Liabilities: 000735's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 000735's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 000735's debt to equity ratio has increased from 19.9% to 35% over the past 5 years.
Debt Coverage: 000735's debt is well covered by operating cash flow (26.4%).
Interest Coverage: Insufficient data to determine if 000735's interest payments on its debt are well covered by EBIT.