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¥460.4M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥6.3B and CN¥2.5B respectively. Lets Holdings Group's EBIT is CN¥150.1M making its interest coverage ratio -16.9. It has cash and short-term investments of CN¥826.1M.
Key information
12.3%
Debt to equity ratio
CN¥460.37m
Debt
Interest coverage ratio | -16.9x |
Cash | CN¥826.06m |
Equity | CN¥3.75b |
Total liabilities | CN¥2.52b |
Total assets | CN¥6.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002398's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002398's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥504.2M).
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 0.2% to 12.3% over the past 5 years.
Debt Coverage: 002398's debt is well covered by operating cash flow (105.1%).
Interest Coverage: 002398 earns more interest than it pays, so coverage of interest payments is not a concern.