Lens Technology Balance Sheet Health
Financial Health criteria checks 6/6
Lens Technology has a total shareholder equity of CN¥46.8B and total debt of CN¥14.9B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥75.2B and CN¥28.4B respectively. Lens Technology's EBIT is CN¥2.9B making its interest coverage ratio 50.9. It has cash and short-term investments of CN¥9.9B.
Key information
31.9%
Debt to equity ratio
CN¥14.92b
Debt
| Interest coverage ratio | 50.9x |
| Cash | CN¥9.85b |
| Equity | CN¥46.82b |
| Total liabilities | CN¥28.42b |
| Total assets | CN¥75.24b |
Recent financial health updates
Recent updates
We Think That There Are Some Issues For Lens Technology (SZSE:300433) Beyond Its Promising Earnings
Apr 30
Is Now An Opportune Moment To Examine Lens Technology Co., Ltd. (SZSE:300433)?
Apr 02Lens Technology (SZSE:300433) Has A Pretty Healthy Balance Sheet
Mar 15Calculating The Intrinsic Value Of Lens Technology Co., Ltd. (SZSE:300433)
Feb 29Financial Position Analysis
Short Term Liabilities: 300433's short term assets (CN¥26.0B) exceed its short term liabilities (CN¥17.1B).
Long Term Liabilities: 300433's short term assets (CN¥26.0B) exceed its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 300433's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 300433's debt to equity ratio has reduced from 96% to 31.9% over the past 5 years.
Debt Coverage: 300433's debt is well covered by operating cash flow (54.8%).
Interest Coverage: 300433's interest payments on its debt are well covered by EBIT (50.9x coverage).