Guilin Layn Natural Ingredients Balance Sheet Health
Financial Health criteria checks 6/6
Guilin Layn Natural Ingredients has a total shareholder equity of CN¥3.2B and total debt of CN¥441.7M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥4.8B and CN¥1.6B respectively. Guilin Layn Natural Ingredients's EBIT is CN¥106.1M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥248.7M.
Key information
13.9%
Debt to equity ratio
CN¥441.73m
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥248.73m |
Equity | CN¥3.19b |
Total liabilities | CN¥1.58b |
Total assets | CN¥4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002166's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002166's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥201.1M).
Debt to Equity History and Analysis
Debt Level: 002166's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 002166's debt to equity ratio has reduced from 38% to 13.9% over the past 5 years.
Debt Coverage: 002166's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 002166's interest payments on its debt are well covered by EBIT (4.2x coverage).