Jiangsu Lopal Tech Balance Sheet Health
Financial Health criteria checks 1/6
Jiangsu Lopal Tech has a total shareholder equity of CN¥4.1B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 216.9%. Its total assets and total liabilities are CN¥17.5B and CN¥13.4B respectively.
Key information
216.9%
Debt to equity ratio
CN¥8.94b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.38b |
Equity | CN¥4.12b |
Total liabilities | CN¥13.40b |
Total assets | CN¥17.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603906's short term assets (CN¥8.4B) do not cover its short term liabilities (CN¥9.4B).
Long Term Liabilities: 603906's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 603906's net debt to equity ratio (134.9%) is considered high.
Reducing Debt: 603906's debt to equity ratio has increased from 20.9% to 216.9% over the past 5 years.
Debt Coverage: 603906's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: Insufficient data to determine if 603906's interest payments on its debt are well covered by EBIT.