LexinFintech Holdings Balance Sheet Health
Financial Health criteria checks 6/6
LexinFintech Holdings has a total shareholder equity of CN¥10.1B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥23.0B and CN¥12.9B respectively. LexinFintech Holdings's EBIT is CN¥2.5B making its interest coverage ratio 95.9. It has cash and short-term investments of CN¥2.1B.
Key information
51.6%
Debt to equity ratio
CN¥5.21b
Debt
| Interest coverage ratio | 95.9x |
| Cash | CN¥2.09b |
| Equity | CN¥10.09b |
| Total liabilities | CN¥12.93b |
| Total assets | CN¥23.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1LFA's short term assets (CN¥18.7B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 1LFA's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 1LFA's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 1LFA's debt to equity ratio has reduced from 80.9% to 51.6% over the past 5 years.
Debt Coverage: 1LFA's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 1LFA's interest payments on its debt are well covered by EBIT (95.9x coverage).