Liuzhou Liangmianzhen Balance Sheet Health
Financial Health criteria checks 5/6
Liuzhou Liangmianzhen has a total shareholder equity of CN¥2.1B and total debt of CN¥75.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥2.6B and CN¥507.4M respectively.
Key information
3.6%
Debt to equity ratio
CN¥75.45m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.44b |
Equity | CN¥2.12b |
Total liabilities | CN¥507.36m |
Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600249's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥459.7M).
Long Term Liabilities: 600249's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥47.7M).
Debt to Equity History and Analysis
Debt Level: 600249 has more cash than its total debt.
Reducing Debt: 600249's debt to equity ratio has reduced from 10.3% to 3.6% over the past 5 years.
Debt Coverage: 600249's debt is well covered by operating cash flow (55.4%).
Interest Coverage: Insufficient data to determine if 600249's interest payments on its debt are well covered by EBIT.