Ganfeng Lithium Group Balance Sheet Health
Financial Health criteria checks 3/6
Ganfeng Lithium Group has a total shareholder equity of CN¥52.6B and total debt of CN¥30.0B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are CN¥98.0B and CN¥45.4B respectively.
Key information
57.0%
Debt to equity ratio
CN¥29.98b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥9.08b |
| Equity | CN¥52.59b |
| Total liabilities | CN¥45.38b |
| Total assets | CN¥97.96b |
Recent financial health updates
Recent updates
We Think Ganfeng Lithium Group (SZSE:002460) Has A Fair Chunk Of Debt
Aug 18
Ganfeng 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¥23.9B) do not cover its short term liabilities (CN¥26.4B).
Long Term Liabilities: 002460's short term assets (CN¥23.9B) exceed its long term liabilities (CN¥19.0B).
Debt to Equity History and Analysis
Debt Level: 002460's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 002460's debt to equity ratio has increased from 51.8% to 57% over the past 5 years.
Debt Coverage: 002460's debt is well covered by operating cash flow (22.6%).
Interest Coverage: Insufficient data to determine if 002460's interest payments on its debt are well covered by EBIT.