Lecron Industrial Development Group Balance Sheet Health
Financial Health criteria checks 6/6
Lecron Industrial Development Group has a total shareholder equity of CN¥2.0B and total debt of CN¥191.2M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥2.8B and CN¥817.5M respectively.
Key information
9.5%
Debt to equity ratio
CN¥191.21m
Debt
Interest coverage ratio | n/a |
Cash | CN¥910.56m |
Equity | CN¥2.02b |
Total liabilities | CN¥817.49m |
Total assets | CN¥2.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300343's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥772.4M).
Long Term Liabilities: 300343's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥45.1M).
Debt to Equity History and Analysis
Debt Level: 300343 has more cash than its total debt.
Reducing Debt: 300343's debt to equity ratio has reduced from 12.5% to 9.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300343 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300343 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.5% per year.