Luxshare Precision Industry Balance Sheet Health
Financial Health criteria checks 5/6
Luxshare Precision Industry has a total shareholder equity of CN¥73.1B and total debt of CN¥55.7B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are CN¥170.5B and CN¥97.4B respectively. Luxshare Precision Industry's EBIT is CN¥10.7B making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥45.1B.
Key information
76.3%
Debt to equity ratio
CN¥55.74b
Debt
Interest coverage ratio | -5.5x |
Cash | CN¥45.11b |
Equity | CN¥73.10b |
Total liabilities | CN¥97.36b |
Total assets | CN¥170.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002475's short term assets (CN¥102.1B) exceed its short term liabilities (CN¥73.6B).
Long Term Liabilities: 002475's short term assets (CN¥102.1B) exceed its long term liabilities (CN¥23.8B).
Debt to Equity History and Analysis
Debt Level: 002475's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 002475's debt to equity ratio has increased from 49.8% to 76.3% over the past 5 years.
Debt Coverage: 002475's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 002475 earns more interest than it pays, so coverage of interest payments is not a concern.