Leoch International Technology Balance Sheet Health
Financial Health criteria checks 4/6
Leoch International Technology has a total shareholder equity of CN¥4.6B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 100.6%. Its total assets and total liabilities are CN¥14.1B and CN¥9.5B respectively. Leoch International Technology's EBIT is CN¥665.6M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥2.1B.
Key information
100.6%
Debt to equity ratio
CN¥4.62b
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥2.06b |
Equity | CN¥4.59b |
Total liabilities | CN¥9.51b |
Total assets | CN¥14.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LT's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 0LT's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 0LT's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: 0LT's debt to equity ratio has increased from 90.9% to 100.6% over the past 5 years.
Debt Coverage: 0LT's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 0LT's interest payments on its debt are well covered by EBIT (3.4x coverage).