Ganfeng Lithium Group Balance Sheet Health
Financial Health criteria checks 1/6
Ganfeng Lithium Group has a total shareholder equity of CN¥52.1B and total debt of CN¥32.6B, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are CN¥98.7B and CN¥46.5B respectively.
Key information
62.5%
Debt to equity ratio
CN¥32.58b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.06b |
| Equity | CN¥52.13b |
| Total liabilities | CN¥46.55b |
| Total assets | CN¥98.67b |
Recent financial health updates
Recent updates
Ganfeng Lithium Group Co., Ltd.'s (SZSE:002460) Shares Climb 35% But Its Business Is Yet to Catch Up
Nov 14
Subdued Growth No Barrier To Ganfeng Lithium Group Co., Ltd. (SZSE:002460) With Shares Advancing 26%
Sep 30We Think Ganfeng Lithium Group (SZSE:002460) Has A Fair Chunk Of Debt
Aug 18Ganfeng Lithium Group (SZSE:002460) Is Paying Out Less In Dividends Than Last Year
Jul 22Potential Upside For Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Not Without Risk
Jun 03Investors Could Be Concerned With Ganfeng Lithium Group's (SZSE:002460) Returns On Capital
Apr 22Shaky Earnings May Not Tell The Whole Story For Ganfeng Lithium Group (SZSE:002460)
Apr 04Downgrade: Here's How Analysts See Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Performing In The Near Term
Apr 02Earnings Miss: Ganfeng Lithium Group Co., Ltd. Missed EPS By 26% And Analysts Are Revising Their Forecasts
Apr 01Financial Position Analysis
Short Term Liabilities: 002460's short term assets (CN¥21.9B) do not cover its short term liabilities (CN¥26.7B).
Long Term Liabilities: 002460's short term assets (CN¥21.9B) exceed its long term liabilities (CN¥19.8B).
Debt to Equity History and Analysis
Debt Level: 002460's net debt to equity ratio (49%) is considered high.
Reducing Debt: 002460's debt to equity ratio has increased from 53.3% to 62.5% over the past 5 years.
Debt Coverage: 002460's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if 002460's interest payments on its debt are well covered by EBIT.