Lisheng Sports (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 3/6
Lisheng Sports (Shanghai)Ltd has a total shareholder equity of CN¥886.3M and total debt of CN¥144.4M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are CN¥1.2B and CN¥309.7M respectively.
Key information
16.3%
Debt to equity ratio
CN¥144.36m
Debt
Interest coverage ratio | n/a |
Cash | CN¥208.23m |
Equity | CN¥886.27m |
Total liabilities | CN¥309.72m |
Total assets | CN¥1.20b |
Financial Position Analysis
Short Term Liabilities: 002858's short term assets (CN¥452.1M) exceed its short term liabilities (CN¥297.8M).
Long Term Liabilities: 002858's short term assets (CN¥452.1M) exceed its long term liabilities (CN¥11.9M).
Debt to Equity History and Analysis
Debt Level: 002858 has more cash than its total debt.
Reducing Debt: 002858's debt to equity ratio has increased from 5.7% to 16.3% over the past 5 years.
Debt Coverage: 002858's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: Insufficient data to determine if 002858's interest payments on its debt are well covered by EBIT.