Luxin Venture Capital Group Balance Sheet Health
Financial Health criteria checks 1/6
Luxin Venture Capital Group has a total shareholder equity of CN¥4.5B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are CN¥8.7B and CN¥4.2B respectively.
Key information
77.5%
Debt to equity ratio
CN¥3.49b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.53b |
| Equity | CN¥4.50b |
| Total liabilities | CN¥4.16b |
| Total assets | CN¥8.66b |
Financial Position Analysis
Short Term Liabilities: 600783's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥167.9M).
Long Term Liabilities: 600783's short term assets (CN¥1.7B) do not cover its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600783's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: 600783's debt to equity ratio has increased from 32% to 77.5% over the past 5 years.
Debt Coverage: 600783's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600783's interest payments on its debt are well covered by EBIT.