Ling Yue Services Group Balance Sheet Health
Financial Health criteria checks 6/6
Ling Yue Services Group has a total shareholder equity of CN¥549.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥837.6M and CN¥287.9M respectively. Ling Yue Services Group's EBIT is CN¥122.1M making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥606.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥606.21m |
Equity | CN¥549.69m |
Total liabilities | CN¥287.93m |
Total assets | CN¥837.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2165's short term assets (CN¥792.3M) exceed its short term liabilities (CN¥286.8M).
Long Term Liabilities: 2165's short term assets (CN¥792.3M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 2165 is debt free.
Reducing Debt: 2165 has no debt compared to 5 years ago when its debt to equity ratio was 26.4%.
Debt Coverage: 2165 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2165 has no debt, therefore coverage of interest payments is not a concern.