Lander Sports Development Balance Sheet Health
Financial Health criteria checks 3/6
Lander Sports Development has a total shareholder equity of CN¥1.3B and total debt of CN¥421.3M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are CN¥2.0B and CN¥726.2M respectively.
Key information
33.1%
Debt to equity ratio
CN¥421.29m
Debt
Interest coverage ratio | n/a |
Cash | CN¥197.19m |
Equity | CN¥1.27b |
Total liabilities | CN¥726.22m |
Total assets | CN¥2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000558's short term assets (CN¥357.7M) exceed its short term liabilities (CN¥340.9M).
Long Term Liabilities: 000558's short term assets (CN¥357.7M) do not cover its long term liabilities (CN¥385.3M).
Debt to Equity History and Analysis
Debt Level: 000558's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 000558's debt to equity ratio has reduced from 62.7% to 33.1% over the past 5 years.
Debt Coverage: 000558's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if 000558's interest payments on its debt are well covered by EBIT.