Lushang Life Services Balance Sheet Health
Financial Health criteria checks 4/6
Lushang Life Services has a total shareholder equity of CN¥545.6M and total debt of CN¥8.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥901.7M and CN¥356.0M respectively. Lushang Life Services's EBIT is CN¥43.3M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥122.6M.
Key information
1.5%
Debt to equity ratio
CN¥8.01m
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥122.57m |
| Equity | CN¥545.63m |
| Total liabilities | CN¥356.03m |
| Total assets | CN¥901.67m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2376's short term assets (CN¥800.6M) exceed its short term liabilities (CN¥354.3M).
Long Term Liabilities: 2376's short term assets (CN¥800.6M) exceed its long term liabilities (CN¥1.8M).
Debt to Equity History and Analysis
Debt Level: 2376 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2376's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2376's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2376 earns more interest than it pays, so coverage of interest payments is not a concern.