LD Intelligent Technology Balance Sheet Health
Financial Health criteria checks 5/6
LD Intelligent Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥578.5M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥2.1B and CN¥724.7M respectively. LD Intelligent Technology's EBIT is CN¥19.2M making its interest coverage ratio -74. It has cash and short-term investments of CN¥561.0M.
Key information
40.9%
Debt to equity ratio
CN¥578.48m
Debt
Interest coverage ratio | -74x |
Cash | CN¥560.98m |
Equity | CN¥1.41b |
Total liabilities | CN¥724.72m |
Total assets | CN¥2.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300883's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥427.5M).
Long Term Liabilities: 300883's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥297.2M).
Debt to Equity History and Analysis
Debt Level: 300883's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 300883's debt to equity ratio has increased from 27.2% to 40.9% over the past 5 years.
Debt Coverage: 300883's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 300883 earns more interest than it pays, so coverage of interest payments is not a concern.