Rianlon Balance Sheet Health
Financial Health criteria checks 4/6
Rianlon has a total shareholder equity of CN¥4.5B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are CN¥9.1B and CN¥4.6B respectively. Rianlon's EBIT is CN¥439.4M making its interest coverage ratio 9.5. It has cash and short-term investments of CN¥1.4B.
Key information
60.7%
Debt to equity ratio
CN¥2.71b
Debt
| Interest coverage ratio | 9.5x |
| Cash | CN¥1.36b |
| Equity | CN¥4.47b |
| Total liabilities | CN¥4.62b |
| Total assets | CN¥9.09b |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Rianlon Corporation's (SZSE:300596) Earnings Despite 33% Price Jump
Apr 29
Rianlon Corporation Just Missed EPS By 7.9%: Here's What Analysts Think Will Happen Next
Apr 21Does Rianlon (SZSE:300596) Have A Healthy Balance Sheet?
Mar 25There's No Escaping Rianlon Corporation's (SZSE:300596) Muted Earnings Despite A 26% Share Price Rise
Mar 06Financial Position Analysis
Short Term Liabilities: 300596's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300596's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 300596's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 300596's debt to equity ratio has increased from 34.3% to 60.7% over the past 5 years.
Debt Coverage: 300596's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 300596's interest payments on its debt are well covered by EBIT (9.5x coverage).