Hangzhou Lion ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Hangzhou Lion ElectronicsLtd has a total shareholder equity of CN¥9.4B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are CN¥18.6B and CN¥9.2B respectively.
Key information
77.7%
Debt to equity ratio
CN¥7.30b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.70b |
Equity | CN¥9.40b |
Total liabilities | CN¥9.21b |
Total assets | CN¥18.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 605358's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 605358's short term assets (CN¥5.7B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 605358's net debt to equity ratio (49%) is considered high.
Reducing Debt: 605358's debt to equity ratio has increased from 61% to 77.7% over the past 5 years.
Debt Coverage: 605358's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: Insufficient data to determine if 605358's interest payments on its debt are well covered by EBIT.