Jiangsu Lettall ElectronicLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Lettall ElectronicLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥926.3M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are CN¥4.7B and CN¥3.0B respectively. Jiangsu Lettall ElectronicLtd's EBIT is CN¥76.2M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥1.4B.
Key information
55.0%
Debt to equity ratio
CN¥926.26m
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥1.43b |
Equity | CN¥1.68b |
Total liabilities | CN¥3.04b |
Total assets | CN¥4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603629's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 603629's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥457.2M).
Debt to Equity History and Analysis
Debt Level: 603629 has more cash than its total debt.
Reducing Debt: 603629's debt to equity ratio has increased from 36.2% to 55% over the past 5 years.
Debt Coverage: 603629's debt is well covered by operating cash flow (130%).
Interest Coverage: 603629's interest payments on its debt are well covered by EBIT (4.2x coverage).