Henan Liliang Diamond Balance Sheet Health
Financial Health criteria checks 5/6
Henan Liliang Diamond has a total shareholder equity of CN¥5.3B and total debt of CN¥611.6M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥6.8B and CN¥1.5B respectively. Henan Liliang Diamond's EBIT is CN¥303.5M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥3.9B.
Key information
11.6%
Debt to equity ratio
CN¥611.62m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥3.94b |
| Equity | CN¥5.29b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥6.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301071's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301071's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥343.5M).
Debt to Equity History and Analysis
Debt Level: 301071 has more cash than its total debt.
Reducing Debt: 301071's debt to equity ratio has increased from 7% to 11.6% over the past 5 years.
Debt Coverage: 301071's debt is well covered by operating cash flow (77.3%).
Interest Coverage: 301071 earns more interest than it pays, so coverage of interest payments is not a concern.