Li Auto Balance Sheet Health
Financial Health criteria checks 6/6
Li Auto has a total shareholder equity of CN¥61.8B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥149.7B and CN¥87.9B respectively. Li Auto's EBIT is CN¥6.4B making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥98.9B.
Key information
14.5%
Debt to equity ratio
CN¥8.94b
Debt
Interest coverage ratio | -2.4x |
Cash | CN¥98.89b |
Equity | CN¥61.79b |
Total liabilities | CN¥87.87b |
Total assets | CN¥149.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2015's short term assets (CN¥115.7B) exceed its short term liabilities (CN¥75.6B).
Long Term Liabilities: 2015's short term assets (CN¥115.7B) exceed its long term liabilities (CN¥12.3B).
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 20.6% to 14.5% over the past 5 years.
Debt Coverage: 2015's debt is well covered by operating cash flow (442.6%).
Interest Coverage: 2015 earns more interest than it pays, so coverage of interest payments is not a concern.