Shenzhen Leaguer Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Leaguer has a total shareholder equity of CN¥8.2B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are CN¥16.0B and CN¥7.7B respectively. Shenzhen Leaguer's EBIT is CN¥41.1M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥1.8B.
Key information
60.6%
Debt to equity ratio
CN¥4.99b
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥1.75b |
| Equity | CN¥8.24b |
| Total liabilities | CN¥7.73b |
| Total assets | CN¥15.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002243's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002243's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 002243's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 002243's debt to equity ratio has increased from 1.3% to 60.6% over the past 5 years.
Debt Coverage: 002243's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002243's interest payments on its debt are not well covered by EBIT (0.9x coverage).