Shenzhen Lifotronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Lifotronic Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥213.0M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥2.4B and CN¥444.2M respectively. Shenzhen Lifotronic Technology's EBIT is CN¥337.7M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥1.3B.
Key information
11.2%
Debt to equity ratio
CN¥213.00m
Debt
Interest coverage ratio | -12.1x |
Cash | CN¥1.30b |
Equity | CN¥1.91b |
Total liabilities | CN¥444.18m |
Total assets | CN¥2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688389's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥438.8M).
Long Term Liabilities: 688389's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 688389 has more cash than its total debt.
Reducing Debt: 688389's debt to equity ratio has increased from 0% to 11.2% over the past 5 years.
Debt Coverage: 688389's debt is well covered by operating cash flow (144%).
Interest Coverage: 688389 earns more interest than it pays, so coverage of interest payments is not a concern.