Leading Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
Leading Holdings Group has a total shareholder equity of CN¥2.6B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 268.9%. Its total assets and total liabilities are CN¥34.0B and CN¥31.4B respectively. Leading Holdings Group's EBIT is CN¥457.9M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥1.3B.
Key information
268.9%
Debt to equity ratio
CN¥7.09b
Debt
Interest coverage ratio | 1.8x |
Cash | CN¥1.31b |
Equity | CN¥2.63b |
Total liabilities | CN¥31.41b |
Total assets | CN¥34.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 88Z's short term assets (CN¥28.9B) exceed its short term liabilities (CN¥28.8B).
Long Term Liabilities: 88Z's short term assets (CN¥28.9B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 88Z's net debt to equity ratio (219.1%) is considered high.
Reducing Debt: 88Z's debt to equity ratio has increased from 133.3% to 268.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 88Z has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 88Z is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.