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¥418.3M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥2.0B and CN¥699.1M respectively.
Key information
31.9%
Debt to equity ratio
CN¥418.25m
Debt
Interest coverage ratio | n/a |
Cash | CN¥199.15m |
Equity | CN¥1.31b |
Total liabilities | CN¥699.13m |
Total assets | CN¥2.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000558's short term assets (CN¥364.2M) exceed its short term liabilities (CN¥315.2M).
Long Term Liabilities: 000558's short term assets (CN¥364.2M) do not cover its long term liabilities (CN¥383.9M).
Debt to Equity History and Analysis
Debt Level: 000558's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 000558's debt to equity ratio has reduced from 65.1% to 31.9% over the past 5 years.
Debt Coverage: 000558's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: Insufficient data to determine if 000558's interest payments on its debt are well covered by EBIT.