Leyard Optoelectronic Balance Sheet Health
Financial Health criteria checks 6/6
Leyard Optoelectronic has a total shareholder equity of CN¥8.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥14.4B and CN¥5.9B respectively. Leyard Optoelectronic's EBIT is CN¥49.2M making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥2.0B.
Key information
16.1%
Debt to equity ratio
CN¥1.37b
Debt
| Interest coverage ratio | 6.5x |
| Cash | CN¥2.02b |
| Equity | CN¥8.53b |
| Total liabilities | CN¥5.91b |
| Total assets | CN¥14.44b |
Recent financial health updates
These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Sep 24
These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Mar 01Recent updates
Leyard Optoelectronic Co., Ltd. (SZSE:300296) Surges 47% Yet Its Low P/S Is No Reason For Excitement
Oct 08These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Sep 24We Think That There Are More Issues For Leyard Optoelectronic (SZSE:300296) Than Just Sluggish Earnings
Sep 03Why We're Not Concerned About Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) Share Price
Jul 24Leyard Optoelectronic (SZSE:300296) Has Announced That It Will Be Increasing Its Dividend To CN¥0.05
May 12Revenue 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¥10.3B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 300296's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥1.3B).
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 28.7% to 16.1% over the past 5 years.
Debt Coverage: 300296's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 300296's interest payments on its debt are well covered by EBIT (6.5x coverage).