Levima Advanced Materials Balance Sheet Health
Financial Health criteria checks 1/6
Levima Advanced Materials has a total shareholder equity of CN¥7.8B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are CN¥18.7B and CN¥10.9B respectively.
Key information
116.8%
Debt to equity ratio
CN¥9.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.43b |
| Equity | CN¥7.77b |
| Total liabilities | CN¥10.93b |
| Total assets | CN¥18.70b |
Recent financial health updates
Is Levima Advanced Materials (SZSE:003022) Using Too Much Debt?
Jul 28
Levima Advanced Materials (SZSE:003022) Seems To Be Using A Lot Of Debt
Feb 29Recent updates
Earnings Troubles May Signal Larger Issues for Levima Advanced Materials (SZSE:003022) Shareholders
Nov 02Levima Advanced Materials Corporation's (SZSE:003022) Share Price Matching Investor Opinion
Sep 23Is Levima Advanced Materials (SZSE:003022) Using Too Much Debt?
Jul 28Be Wary Of Levima Advanced Materials (SZSE:003022) And Its Returns On Capital
Jul 01Why Investors Shouldn't Be Surprised By Levima Advanced Materials Corporation's (SZSE:003022) P/E
Jun 09At CN¥16.70, Is It Time To Put Levima Advanced Materials Corporation (SZSE:003022) On Your Watch List?
May 22We Think That There Are More Issues For Levima Advanced Materials (SZSE:003022) Than Just Sluggish Earnings
Apr 04Levima Advanced Materials (SZSE:003022) May Have Issues Allocating Its Capital
Mar 28After Leaping 33% Levima Advanced Materials Corporation (SZSE:003022) Shares Are Not Flying Under The Radar
Mar 06Levima Advanced Materials (SZSE:003022) Seems To Be Using A Lot Of Debt
Feb 29Financial Position Analysis
Short Term Liabilities: 003022's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥5.7B).
Long Term Liabilities: 003022's short term assets (CN¥4.0B) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 003022's net debt to equity ratio (85.6%) is considered high.
Reducing Debt: 003022's debt to equity ratio has reduced from 127.6% to 116.8% over the past 5 years.
Debt Coverage: 003022's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: Insufficient data to determine if 003022's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:07 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Levima Advanced Materials Corporation is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiongwei Jia | China International Capital Corporation Limited |
| Aaron Xiao | Credit Suisse |
| Lin Yang | Guosen Securities Co., Ltd. |