LONGi Green Energy Technology Balance Sheet Health
Financial Health criteria checks 3/6
LONGi Green Energy Technology has a total shareholder equity of CN¥63.3B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥155.2B and CN¥91.9B respectively.
Key information
33.7%
Debt to equity ratio
CN¥21.37b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥51.13b |
| Equity | CN¥63.33b |
| Total liabilities | CN¥91.87b |
| Total assets | CN¥155.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601012's short term assets (CN¥91.5B) exceed its short term liabilities (CN¥63.0B).
Long Term Liabilities: 601012's short term assets (CN¥91.5B) exceed its long term liabilities (CN¥28.9B).
Debt to Equity History and Analysis
Debt Level: 601012 has more cash than its total debt.
Reducing Debt: 601012's debt to equity ratio has increased from 23.3% to 33.7% over the past 5 years.
Debt Coverage: 601012's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601012's interest payments on its debt are well covered by EBIT.