LB Group Balance Sheet Health
Financial Health criteria checks 2/6
LB Group has a total shareholder equity of CN¥26.6B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are CN¥66.9B and CN¥40.3B respectively. LB Group's EBIT is CN¥4.7B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥8.3B.
Key information
80.4%
Debt to equity ratio
CN¥21.36b
Debt
Interest coverage ratio | 12.6x |
Cash | CN¥8.26b |
Equity | CN¥26.55b |
Total liabilities | CN¥40.33b |
Total assets | CN¥66.88b |
Recent financial health updates
Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly
Aug 16Is LB Group (SZSE:002601) Using Too Much Debt?
May 10Recent updates
Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital
Oct 29At CN¥19.38, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?
Sep 29Earnings Working Against LB Group Co., Ltd.'s (SZSE:002601) Share Price
Sep 13Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly
Aug 16Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital
Jun 12LB Group (SZSE:002601) Is Due To Pay A Dividend Of CN¥0.60
May 27Should You Investigate LB Group Co., Ltd. (SZSE:002601) At CN¥22.13?
May 26Is LB Group (SZSE:002601) Using Too Much Debt?
May 10LB Group (SZSE:002601) Will Want To Turn Around Its Return Trends
Feb 27Financial Position Analysis
Short Term Liabilities: 002601's short term assets (CN¥23.2B) do not cover its short term liabilities (CN¥29.7B).
Long Term Liabilities: 002601's short term assets (CN¥23.2B) exceed its long term liabilities (CN¥10.6B).
Debt to Equity History and Analysis
Debt Level: 002601's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 002601's debt to equity ratio has increased from 36.6% to 80.4% over the past 5 years.
Debt Coverage: 002601's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 002601's interest payments on its debt are well covered by EBIT (12.6x coverage).