Longfor Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Longfor Group Holdings has a total shareholder equity of CN¥242.2B and total debt of CN¥203.5B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are CN¥694.3B and CN¥452.1B respectively. Longfor Group Holdings's EBIT is CN¥16.7B making its interest coverage ratio 91.7. It has cash and short-term investments of CN¥48.9B.
Key information
84.0%
Debt to equity ratio
CN¥203.52b
Debt
| Interest coverage ratio | 91.7x |
| Cash | CN¥48.92b |
| Equity | CN¥242.18b |
| Total liabilities | CN¥452.13b |
| Total assets | CN¥694.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLF0's short term assets (CN¥431.4B) exceed its short term liabilities (CN¥262.8B).
Long Term Liabilities: RLF0's short term assets (CN¥431.4B) exceed its long term liabilities (CN¥189.3B).
Debt to Equity History and Analysis
Debt Level: RLF0's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: RLF0's debt to equity ratio has reduced from 101.1% to 84% over the past 5 years.
Debt Coverage: RLF0's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: RLF0's interest payments on its debt are well covered by EBIT (91.7x coverage).