Lonking Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Lonking Holdings has a total shareholder equity of CN¥10.0B and total debt of CN¥726.6M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥15.6B and CN¥5.6B respectively. Lonking Holdings's EBIT is CN¥683.4M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥5.8B.
Key information
7.3%
Debt to equity ratio
CN¥726.56m
Debt
Interest coverage ratio | -6.6x |
Cash | CN¥5.75b |
Equity | CN¥9.98b |
Total liabilities | CN¥5.64b |
Total assets | CN¥15.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥50.6M).
Debt to Equity History and Analysis
Debt Level: 3339 has more cash than its total debt.
Reducing Debt: 3339's debt to equity ratio has reduced from 15.7% to 7.3% over the past 5 years.
Debt Coverage: 3339's debt is well covered by operating cash flow (273.1%).
Interest Coverage: 3339 earns more interest than it pays, so coverage of interest payments is not a concern.