LianChuang Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
LianChuang Electronic TechnologyLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 251.4%. Its total assets and total liabilities are CN¥16.2B and CN¥12.7B respectively.
Key information
251.4%
Debt to equity ratio
CN¥8.71b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.26b |
Equity | CN¥3.46b |
Total liabilities | CN¥12.69b |
Total assets | CN¥16.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002036's short term assets (CN¥7.5B) do not cover its short term liabilities (CN¥8.6B).
Long Term Liabilities: 002036's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 002036's net debt to equity ratio (186%) is considered high.
Reducing Debt: 002036's debt to equity ratio has increased from 129.4% to 251.4% over the past 5 years.
Debt Coverage: 002036's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: Insufficient data to determine if 002036's interest payments on its debt are well covered by EBIT.