Lihe Technology (Hunan) Balance Sheet Health
Financial Health criteria checks 6/6
Lihe Technology (Hunan) has a total shareholder equity of CN¥2.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥339.4M respectively. Lihe Technology (Hunan)'s EBIT is CN¥11.6M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥1.10b |
Equity | CN¥2.07b |
Total liabilities | CN¥339.43m |
Total assets | CN¥2.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300800's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥289.9M).
Long Term Liabilities: 300800's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥49.5M).
Debt to Equity History and Analysis
Debt Level: 300800 is debt free.
Reducing Debt: 300800 had no debt 5 years ago.
Debt Coverage: 300800 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300800 has no debt, therefore coverage of interest payments is not a concern.