Leyard Optoelectronic Balance Sheet Health
Financial Health criteria checks 6/6
Leyard Optoelectronic has a total shareholder equity of CN¥8.6B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CN¥14.7B and CN¥6.0B respectively. Leyard Optoelectronic's EBIT is CN¥272.0M making its interest coverage ratio 16. It has cash and short-term investments of CN¥2.2B.
Key information
14.3%
Debt to equity ratio
CN¥1.24b
Debt
| Interest coverage ratio | 16x |
| Cash | CN¥2.17b |
| Equity | CN¥8.63b |
| Total liabilities | CN¥6.03b |
| Total assets | CN¥14.66b |
Recent financial health updates
Recent updates
Leyard Optoelectronic (SZSE:300296) Has Announced That It Will Be Increasing Its Dividend To CN¥0.05
May 12
Revenue Downgrade: Here's What Analysts Forecast For Leyard Optoelectronic Co., Ltd. (SZSE:300296)
Apr 14Here's What's Concerning About Leyard Optoelectronic's (SZSE:300296) Returns On Capital
Mar 26Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) 26% Jump Shows Its Popularity With Investors
Mar 04These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Mar 01Financial Position Analysis
Short Term Liabilities: 300296's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 300296's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300296 has more cash than its total debt.
Reducing Debt: 300296's debt to equity ratio has reduced from 34.7% to 14.3% over the past 5 years.
Debt Coverage: 300296's debt is well covered by operating cash flow (89.8%).
Interest Coverage: 300296's interest payments on its debt are well covered by EBIT (16x coverage).