Luyin Investment GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Luyin Investment GroupLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are CN¥5.3B and CN¥2.1B respectively. Luyin Investment GroupLtd's EBIT is CN¥306.9M making its interest coverage ratio -30.7. It has cash and short-term investments of CN¥281.0M.
Key information
36.8%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | -30.7x |
| Cash | CN¥281.00m |
| Equity | CN¥3.28b |
| Total liabilities | CN¥2.05b |
| Total assets | CN¥5.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600784's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600784's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥467.8M).
Debt to Equity History and Analysis
Debt Level: 600784's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 600784's debt to equity ratio has reduced from 182.2% to 36.8% over the past 5 years.
Debt Coverage: 600784's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 600784 earns more interest than it pays, so coverage of interest payments is not a concern.