Lens Technology Balance Sheet Health
Financial Health criteria checks 6/6
Lens Technology has a total shareholder equity of CN¥47.5B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are CN¥80.9B and CN¥33.5B respectively. Lens Technology's EBIT is CN¥3.8B making its interest coverage ratio -42.1. It has cash and short-term investments of CN¥9.8B.
Key information
33.2%
Debt to equity ratio
CN¥15.77b
Debt
| Interest coverage ratio | -42.1x |
| Cash | CN¥9.84b |
| Equity | CN¥47.48b |
| Total liabilities | CN¥33.46b |
| Total assets | CN¥80.95b |
Recent financial health updates
Here's Why Lens Technology (SZSE:300433) Can Manage Its Debt Responsibly
Nov 21
Lens Technology (SZSE:300433) Has A Pretty Healthy Balance Sheet
Mar 15Recent updates
Here's Why Lens Technology (SZSE:300433) Can Manage Its Debt Responsibly
Nov 21Lens Technology Co., Ltd. (SZSE:300433) Looks Just Right With A 54% Price Jump
Oct 08Lens Technology Co., Ltd. (SZSE:300433) Shares Could Be 24% Above Their Intrinsic Value Estimate
Aug 14When Should You Buy Lens Technology Co., Ltd. (SZSE:300433)?
Jul 30Lens Technology (SZSE:300433) Has Some Way To Go To Become A Multi-Bagger
Jul 12There's Reason For Concern Over Lens Technology Co., Ltd.'s (SZSE:300433) Price
Jun 24We Think That There Are Some Issues For Lens Technology (SZSE:300433) Beyond Its Promising Earnings
Apr 30Is 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¥30.6B) exceed its short term liabilities (CN¥24.0B).
Long Term Liabilities: 300433's short term assets (CN¥30.6B) exceed its long term liabilities (CN¥9.5B).
Debt to Equity History and Analysis
Debt Level: 300433's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 300433's debt to equity ratio has reduced from 103.1% to 33.2% over the past 5 years.
Debt Coverage: 300433's debt is well covered by operating cash flow (72.3%).
Interest Coverage: 300433 earns more interest than it pays, so coverage of interest payments is not a concern.