Opple LightingLTD Balance Sheet Health
Financial Health criteria checks 6/6
Opple LightingLTD has a total shareholder equity of CN¥6.3B and total debt of CN¥167.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥9.8B and CN¥3.5B respectively. Opple LightingLTD's EBIT is CN¥794.3M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥5.7B.
Key information
2.7%
Debt to equity ratio
CN¥167.40m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥5.67b |
| Equity | CN¥6.29b |
| Total liabilities | CN¥3.46b |
| Total assets | CN¥9.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603515's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 603515's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥78.4M).
Debt to Equity History and Analysis
Debt Level: 603515 has more cash than its total debt.
Reducing Debt: 603515's debt to equity ratio has reduced from 11.7% to 2.7% over the past 5 years.
Debt Coverage: 603515's debt is well covered by operating cash flow (656.6%).
Interest Coverage: 603515 earns more interest than it pays, so coverage of interest payments is not a concern.