Lets Holdings Group Balance Sheet Health
Financial Health criteria checks 5/6
Lets Holdings Group has a total shareholder equity of CN¥3.7B and total debt of CN¥487.5M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥5.9B and CN¥2.2B respectively. Lets Holdings Group's EBIT is CN¥85.2M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥698.7M.
Key information
13.2%
Debt to equity ratio
CN¥487.50m
Debt
| Interest coverage ratio | -7.5x |
| Cash | CN¥698.72m |
| Equity | CN¥3.69b |
| Total liabilities | CN¥2.24b |
| Total assets | CN¥5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002398's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002398's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥526.9M).
Debt to Equity History and Analysis
Debt Level: 002398 has more cash than its total debt.
Reducing Debt: 002398's debt to equity ratio has increased from 0.4% to 13.2% over the past 5 years.
Debt Coverage: 002398's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 002398 earns more interest than it pays, so coverage of interest payments is not a concern.