Li Auto Balance Sheet Health
Financial Health criteria checks 6/6
Li Auto has a total shareholder equity of CN¥67.0B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥154.8B and CN¥87.8B respectively. Li Auto's EBIT is CN¥6.4B making its interest coverage ratio -3. It has cash and short-term investments of CN¥106.5B.
Key information
13.2%
Debt to equity ratio
CN¥8.88b
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥106.54b |
| Equity | CN¥67.03b |
| Total liabilities | CN¥87.79b |
| Total assets | CN¥154.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2015's short term assets (CN¥119.7B) exceed its short term liabilities (CN¥68.0B).
Long Term Liabilities: 2015's short term assets (CN¥119.7B) exceed its long term liabilities (CN¥19.8B).
Debt to Equity History and Analysis
Debt Level: 2015 has more cash than its total debt.
Reducing Debt: 2015's debt to equity ratio has reduced from 16.9% to 13.2% over the past 5 years.
Debt Coverage: 2015's debt is well covered by operating cash flow (276.4%).
Interest Coverage: 2015 earns more interest than it pays, so coverage of interest payments is not a concern.