Lier ChemicalLTD Balance Sheet Health
Financial Health criteria checks 5/6
Lier ChemicalLTD has a total shareholder equity of CN¥8.9B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are CN¥15.3B and CN¥6.4B respectively. Lier ChemicalLTD's EBIT is CN¥340.8M making its interest coverage ratio 5. It has cash and short-term investments of CN¥1.1B.
Key information
39.7%
Debt to equity ratio
CN¥3.54b
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥1.14b |
| Equity | CN¥8.92b |
| Total liabilities | CN¥6.37b |
| Total assets | CN¥15.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002258's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002258's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 002258's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 002258's debt to equity ratio has reduced from 44% to 39.7% over the past 5 years.
Debt Coverage: 002258's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 002258's interest payments on its debt are well covered by EBIT (5x coverage).