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
No updates
Recent updates
Financial 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.