Limin GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Limin GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are CN¥6.8B and CN¥4.1B respectively. Limin GroupLtd's EBIT is CN¥151.1M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥775.3M.
Key information
94.3%
Debt to equity ratio
CN¥2.55b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥775.30m |
| Equity | CN¥2.71b |
| Total liabilities | CN¥4.07b |
| Total assets | CN¥6.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002734's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 002734's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002734's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: 002734's debt to equity ratio has increased from 44.5% to 94.3% over the past 5 years.
Debt Coverage: 002734's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 002734's interest payments on its debt are not well covered by EBIT (2.1x coverage).