Ganfeng Lithium Group Balance Sheet Health
Financial Health criteria checks 1/6
Ganfeng Lithium Group has a total shareholder equity of CN¥52.1B and total debt of CN¥32.6B, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are CN¥98.7B and CN¥46.5B respectively.
Key information
62.5%
Debt to equity ratio
CN¥32.58b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.06b |
| Equity | CN¥52.13b |
| Total liabilities | CN¥46.55b |
| Total assets | CN¥98.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 39EA's short term assets (CN¥21.9B) do not cover its short term liabilities (CN¥26.7B).
Long Term Liabilities: 39EA's short term assets (CN¥21.9B) exceed its long term liabilities (CN¥19.8B).
Debt to Equity History and Analysis
Debt Level: 39EA's net debt to equity ratio (49%) is considered high.
Reducing Debt: 39EA's debt to equity ratio has increased from 53.3% to 62.5% over the past 5 years.
Debt Coverage: 39EA's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if 39EA's interest payments on its debt are well covered by EBIT.