Lafang ChinaLtd Balance Sheet Health
Financial Health criteria checks 6/6
Lafang ChinaLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.2B and CN¥229.4M respectively. Lafang ChinaLtd's EBIT is CN¥66.9M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥1.23b |
| Equity | CN¥1.95b |
| Total liabilities | CN¥229.36m |
| Total assets | CN¥2.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603630's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥227.5M).
Long Term Liabilities: 603630's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.9M).
Debt to Equity History and Analysis
Debt Level: 603630 is debt free.
Reducing Debt: 603630 had no debt 5 years ago.
Debt Coverage: 603630 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603630 has no debt, therefore coverage of interest payments is not a concern.