Li Ning Balance Sheet Health
Financial Health criteria checks 6/6
Li Ning has a total shareholder equity of CN¥24.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥34.2B and CN¥9.8B respectively. Li Ning's EBIT is CN¥3.5B making its interest coverage ratio -11. It has cash and short-term investments of CN¥8.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -11x |
Cash | CN¥8.94b |
Equity | CN¥24.41b |
Total liabilities | CN¥9.80b |
Total assets | CN¥34.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 82331's short term assets (CN¥13.7B) exceed its short term liabilities (CN¥7.3B).
Long Term Liabilities: 82331's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 82331 is debt free.
Reducing Debt: 82331 had no debt 5 years ago.
Debt Coverage: 82331 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 82331 has no debt, therefore coverage of interest payments is not a concern.