China Lesso Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Lesso Group Holdings has a total shareholder equity of CN¥23.9B and total debt of CN¥20.6B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are CN¥59.6B and CN¥35.7B respectively. China Lesso Group Holdings's EBIT is CN¥4.1B making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥5.3B.
Key information
86.3%
Debt to equity ratio
CN¥20.62b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥5.27b |
| Equity | CN¥23.89b |
| Total liabilities | CN¥35.70b |
| Total assets | CN¥59.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2128's short term assets (CN¥21.6B) exceed its short term liabilities (CN¥21.0B).
Long Term Liabilities: 2128's short term assets (CN¥21.6B) exceed its long term liabilities (CN¥14.7B).
Debt to Equity History and Analysis
Debt Level: 2128's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: 2128's debt to equity ratio has increased from 80.3% to 86.3% over the past 5 years.
Debt Coverage: 2128's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 2128's interest payments on its debt are well covered by EBIT (4.9x coverage).