Chengxin Lithium Group Balance Sheet Health
Financial Health criteria checks 4/6
Chengxin Lithium Group has a total shareholder equity of CN¥13.0B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are CN¥22.1B and CN¥9.1B respectively.
Key information
51.3%
Debt to equity ratio
CN¥6.66b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.81b |
| Equity | CN¥13.00b |
| Total liabilities | CN¥9.10b |
| Total assets | CN¥22.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002240's short term assets (CN¥8.3B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002240's short term assets (CN¥8.3B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 002240's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 002240's debt to equity ratio has increased from 36.2% to 51.3% over the past 5 years.
Debt Coverage: 002240's debt is well covered by operating cash flow (20.9%).
Interest Coverage: Insufficient data to determine if 002240's interest payments on its debt are well covered by EBIT.