Lingyi iTech (Guangdong) Balance Sheet Health
Financial Health criteria checks 5/6
Lingyi iTech (Guangdong) has a total shareholder equity of CN¥18.8B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are CN¥37.8B and CN¥19.0B respectively. Lingyi iTech (Guangdong)'s EBIT is CN¥2.5B making its interest coverage ratio 13.2. It has cash and short-term investments of CN¥4.2B.
Key information
46.3%
Debt to equity ratio
CN¥8.68b
Debt
Interest coverage ratio | 13.2x |
Cash | CN¥4.22b |
Equity | CN¥18.76b |
Total liabilities | CN¥19.04b |
Total assets | CN¥37.80b |
Recent financial health updates
Recent updates
Is There Now An Opportunity In Lingyi iTech (Guangdong) Company (SZSE:002600)?
Jul 30Market Might Still Lack Some Conviction On Lingyi iTech (Guangdong) Company (SZSE:002600) Even After 28% Share Price Boost
Jun 27Calculating The Fair Value Of Lingyi iTech (Guangdong) Company (SZSE:002600)
Jun 09Is Lingyi iTech (Guangdong) (SZSE:002600) A Risky Investment?
May 22Some Investors May Be Willing To Look Past Lingyi iTech (Guangdong)'s (SZSE:002600) Soft Earnings
May 06Earnings Miss: Lingyi iTech (Guangdong) Company Missed EPS By 33% And Analysts Are Revising Their Forecasts
May 02Lingyi iTech (Guangdong)'s (SZSE:002600) Returns On Capital Not Reflecting Well On The Business
Apr 25There's No Escaping Lingyi iTech (Guangdong) Company's (SZSE:002600) Muted Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 002600's short term assets (CN¥19.4B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 002600's short term assets (CN¥19.4B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 002600's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 002600's debt to equity ratio has increased from 41.9% to 46.3% over the past 5 years.
Debt Coverage: 002600's debt is well covered by operating cash flow (44%).
Interest Coverage: 002600's interest payments on its debt are well covered by EBIT (13.2x coverage).