Luyuan Group Holding (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
Luyuan Group Holding (Cayman) has a total shareholder equity of CN¥1.5B and total debt of CN¥643.3M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥3.9B and CN¥2.3B respectively. Luyuan Group Holding (Cayman)'s EBIT is CN¥61.5M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥1.8B.
Key information
42.1%
Debt to equity ratio
CN¥643.35m
Debt
Interest coverage ratio | -4.3x |
Cash | CN¥1.79b |
Equity | CN¥1.53b |
Total liabilities | CN¥2.33b |
Total assets | CN¥3.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2451's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 2451's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥505.8M).
Debt to Equity History and Analysis
Debt Level: 2451 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2451's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2451's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 2451 earns more interest than it pays, so coverage of interest payments is not a concern.