Lufax Holding Balance Sheet Health
Financial Health criteria checks 3/6
Lufax Holding has a total shareholder equity of CN¥86.3B and total debt of CN¥47.3B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are CN¥206.4B and CN¥120.1B respectively. Lufax Holding's EBIT is CN¥11.6B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥57.8B.
Key information
54.8%
Debt to equity ratio
CN¥47.28b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥57.82b |
| Equity | CN¥86.34b |
| Total liabilities | CN¥120.11b |
| Total assets | CN¥206.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6623's short term assets (CN¥185.4B) exceed its short term liabilities (CN¥7.6B).
Long Term Liabilities: 6623's short term assets (CN¥185.4B) exceed its long term liabilities (CN¥112.5B).
Debt to Equity History and Analysis
Debt Level: 6623 has more cash than its total debt.
Reducing Debt: 6623's debt to equity ratio has increased from 51.9% to 54.8% over the past 5 years.
Debt Coverage: 6623's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 6623's interest payments on its debt are not well covered by EBIT (1.5x coverage).