Guilin Layn Natural Ingredients Balance Sheet Health
Financial Health criteria checks 4/6
Guilin Layn Natural Ingredients has a total shareholder equity of CN¥3.1B and total debt of CN¥978.1M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are CN¥4.9B and CN¥1.8B respectively. Guilin Layn Natural Ingredients's EBIT is CN¥181.0M making its interest coverage ratio 87.3. It has cash and short-term investments of CN¥340.9M.
Key information
31.4%
Debt to equity ratio
CN¥978.15m
Debt
| Interest coverage ratio | 87.3x |
| Cash | CN¥340.85m |
| Equity | CN¥3.12b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥4.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002166's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002166's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥240.1M).
Debt to Equity History and Analysis
Debt Level: 002166's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: 002166's debt to equity ratio has increased from 22.2% to 31.4% over the past 5 years.
Debt Coverage: 002166's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 002166's interest payments on its debt are well covered by EBIT (87.3x coverage).