Shenzhen Leaguer Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Leaguer has a total shareholder equity of CN¥8.3B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are CN¥15.7B and CN¥7.4B respectively. Shenzhen Leaguer's EBIT is CN¥26.6M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.7B.
Key information
57.8%
Debt to equity ratio
CN¥4.77b
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.74b |
Equity | CN¥8.26b |
Total liabilities | CN¥7.40b |
Total assets | CN¥15.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002243's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002243's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 002243's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 002243's debt to equity ratio has increased from 1.5% to 57.8% over the past 5 years.
Debt Coverage: 002243's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002243 earns more interest than it pays, so coverage of interest payments is not a concern.