Shandong Linuo Technical GlassLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Linuo Technical GlassLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥365.1M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥2.1B and CN¥549.5M respectively. Shandong Linuo Technical GlassLtd's EBIT is CN¥55.6M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥924.1M.
Key information
23.6%
Debt to equity ratio
CN¥365.14m
Debt
Interest coverage ratio | -3.3x |
Cash | CN¥924.12m |
Equity | CN¥1.55b |
Total liabilities | CN¥549.51m |
Total assets | CN¥2.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301188's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥155.1M).
Long Term Liabilities: 301188's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥394.4M).
Debt to Equity History and Analysis
Debt Level: 301188 has more cash than its total debt.
Reducing Debt: 301188's debt to equity ratio has increased from 23.1% to 23.6% over the past 5 years.
Debt Coverage: 301188's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 301188 earns more interest than it pays, so coverage of interest payments is not a concern.