Li Ning Balance Sheet Health
Financial Health criteria checks 6/6
Li Ning has a total shareholder equity of CN¥25.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥35.5B and CN¥9.6B respectively. Li Ning's EBIT is CN¥3.4B making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥12.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.9x |
| Cash | CN¥12.72b |
| Equity | CN¥25.91b |
| Total liabilities | CN¥9.63b |
| Total assets | CN¥35.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNL0's short term assets (CN¥17.4B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: LNL0's short term assets (CN¥17.4B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: LNL0 is debt free.
Reducing Debt: LNL0 had no debt 5 years ago.
Debt Coverage: LNL0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LNL0 has no debt, therefore coverage of interest payments is not a concern.