Henan Liliang Diamond Balance Sheet Health
Financial Health criteria checks 5/6
Henan Liliang Diamond has a total shareholder equity of CN¥5.3B and total debt of CN¥599.9M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥6.5B and CN¥1.2B respectively. Henan Liliang Diamond's EBIT is CN¥222.8M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥3.7B.
Key information
11.3%
Debt to equity ratio
CN¥599.86m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥3.72b |
| Equity | CN¥5.31b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥6.51b |
Recent financial health updates
Does Henan Liliang Diamond (SZSE:301071) Have A Healthy Balance Sheet?
Aug 23
Henan Liliang Diamond (SZSE:301071) Seems To Use Debt Quite Sensibly
Mar 06Recent updates
Henan Liliang Diamond's (SZSE:301071) Problems Go Beyond Weak Profit
Nov 06A Piece Of The Puzzle Missing From Henan Liliang Diamond Co., Ltd.'s (SZSE:301071) 44% Share Price Climb
Oct 09Henan Liliang Diamond's (SZSE:301071) Returns On Capital Not Reflecting Well On The Business
Sep 26Does Henan Liliang Diamond (SZSE:301071) Have A Healthy Balance Sheet?
Aug 23Here's What's Concerning About Henan Liliang Diamond's (SZSE:301071) Returns On Capital
May 24Why Henan Liliang Diamond's (SZSE:301071) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 29Henan Liliang Diamond (SZSE:301071) Seems To Use Debt Quite Sensibly
Mar 06Financial Position Analysis
Short Term Liabilities: 301071's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥825.1M).
Long Term Liabilities: 301071's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥374.0M).
Debt to Equity History and Analysis
Debt Level: 301071 has more cash than its total debt.
Reducing Debt: 301071's debt to equity ratio has increased from 7.3% to 11.3% over the past 5 years.
Debt Coverage: 301071's debt is well covered by operating cash flow (77%).
Interest Coverage: 301071 earns more interest than it pays, so coverage of interest payments is not a concern.