Lygend Resources & Technology Balance Sheet Health
Financial Health criteria checks 3/6
Lygend Resources & Technology has a total shareholder equity of CN¥13.5B and total debt of CN¥11.5B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are CN¥30.7B and CN¥17.2B respectively. Lygend Resources & Technology's EBIT is CN¥1.6B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥4.6B.
Key information
85.0%
Debt to equity ratio
CN¥11.47b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥4.62b |
| Equity | CN¥13.49b |
| Total liabilities | CN¥17.19b |
| Total assets | CN¥30.68b |
Recent financial health updates
No updates
Recent updates
Unpleasant Surprises Could Be In Store For Lygend Resources & Technology Co., Ltd.'s (HKG:2245) Shares
Apr 09
Lygend Resources & Technology (HKG:2245) Might Be Having Difficulty Using Its Capital Effectively
Jan 11Weak Statutory Earnings May Not Tell The Whole Story For Lygend Resources & Technology (HKG:2245)
Sep 26Getting In Cheap On Lygend Resources & Technology Co., Ltd. (HKG:2245) Is Unlikely
Jul 26Financial Position Analysis
Short Term Liabilities: 2245's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 2245's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 2245's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2245's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2245's debt is not well covered by operating cash flow (4%).
Interest Coverage: 2245's interest payments on its debt are well covered by EBIT (3.5x coverage).