Levima Advanced Materials Balance Sheet Health
Financial Health criteria checks 1/6
Levima Advanced Materials has a total shareholder equity of CN¥7.8B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are CN¥18.7B and CN¥10.9B respectively.
Key information
116.8%
Debt to equity ratio
CN¥9.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.43b |
| Equity | CN¥7.77b |
| Total liabilities | CN¥10.93b |
| Total assets | CN¥18.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003022's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥5.7B).
Long Term Liabilities: 003022's short term assets (CN¥4.0B) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 003022's net debt to equity ratio (85.6%) is considered high.
Reducing Debt: 003022's debt to equity ratio has reduced from 127.6% to 116.8% over the past 5 years.
Debt Coverage: 003022's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: Insufficient data to determine if 003022's interest payments on its debt are well covered by EBIT.