Yunnan Lincang Xinyuan Germanium IndustryLTD Balance Sheet Health
Financial Health criteria checks 3/6
Yunnan Lincang Xinyuan Germanium IndustryLTD has a total shareholder equity of CN¥1.5B and total debt of CN¥721.8M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are CN¥2.7B and CN¥1.2B respectively.
Key information
48.5%
Debt to equity ratio
CN¥721.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥128.78m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥2.68b |
Recent financial health updates
Does Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Have A Healthy Balance Sheet?
Jun 05
Would Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Be Better Off With Less Debt?
Feb 27Recent updates
Does Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Have A Healthy Balance Sheet?
Jun 05Revenues Tell The Story For Yunnan Lincang Xinyuan Germanium Industry Co.,LTD (SZSE:002428) As Its Stock Soars 26%
Mar 19Would Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Be Better Off With Less Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 002428's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥727.6M).
Long Term Liabilities: 002428's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥463.2M).
Debt to Equity History and Analysis
Debt Level: 002428's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: 002428's debt to equity ratio has increased from 14.4% to 48.5% over the past 5 years.
Debt Coverage: 002428's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002428's interest payments on its debt are well covered by EBIT.