Lianhe Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Lianhe Chemical TechnologyLtd has a total shareholder equity of CN¥6.7B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are CN¥14.0B and CN¥7.2B respectively. Lianhe Chemical TechnologyLtd's EBIT is CN¥116.9M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥753.8M.
Key information
66.4%
Debt to equity ratio
CN¥4.48b
Debt
Interest coverage ratio | 1.3x |
Cash | CN¥753.78m |
Equity | CN¥6.75b |
Total liabilities | CN¥7.24b |
Total assets | CN¥13.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002250's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002250's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002250's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 002250's debt to equity ratio has increased from 24.7% to 66.4% over the past 5 years.
Debt Coverage: 002250's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 002250's interest payments on its debt are not well covered by EBIT (1.3x coverage).