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China Lilang Balance Sheet Health
Financial Health criteria checks 5/6
China Lilang has a total shareholder equity of CN¥3.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are CN¥6.1B and CN¥2.2B respectively. China Lilang's EBIT is CN¥522.6M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥936.3M.
Key information
27.4%
Debt to equity ratio
CN¥1.07b
Debt
Interest coverage ratio | -12.9x |
Cash | CN¥936.26m |
Equity | CN¥3.91b |
Total liabilities | CN¥2.23b |
Total assets | CN¥6.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1234's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 1234's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥905.5M).
Debt to Equity History and Analysis
Debt Level: 1234's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 1234's debt to equity ratio has increased from 0% to 27.4% over the past 5 years.
Debt Coverage: 1234's debt is well covered by operating cash flow (93.8%).
Interest Coverage: 1234 earns more interest than it pays, so coverage of interest payments is not a concern.