Luenmei QuantumLtd Balance Sheet Health
Financial Health criteria checks 5/6
Luenmei QuantumLtd has a total shareholder equity of CN¥11.8B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥16.6B and CN¥4.9B respectively. Luenmei QuantumLtd's EBIT is CN¥621.6M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥6.7B.
Key information
13.9%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥6.66b |
| Equity | CN¥11.77b |
| Total liabilities | CN¥4.88b |
| Total assets | CN¥16.65b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Luenmei QuantumLtd (SHSE:600167) Than Just Sluggish Earnings
Nov 12
Luenmei QuantumLtd (SHSE:600167) Could Easily Take On More Debt
May 27Luenmei QuantumLtd's (SHSE:600167) Conservative Accounting Might Explain Soft Earnings
May 06Luenmei Quantum Co.,Ltd Just Missed Earnings - But Analysts Have Updated Their Models
May 02Is Luenmei Quantum Co.,Ltd (SHSE:600167) Trading At A 27% Discount?
Apr 14There Is A Reason Luenmei Quantum Co.,Ltd's (SHSE:600167) Price Is Undemanding
Mar 22Luenmei QuantumLtd (SHSE:600167) Might Be Having Difficulty Using Its Capital Effectively
Feb 27Financial Position Analysis
Short Term Liabilities: 600167's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600167's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 600167 has more cash than its total debt.
Reducing Debt: 600167's debt to equity ratio has increased from 8.7% to 13.9% over the past 5 years.
Debt Coverage: 600167's debt is well covered by operating cash flow (84.4%).
Interest Coverage: 600167 earns more interest than it pays, so coverage of interest payments is not a concern.