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 28Levima 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.