LX Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
LX Technology Group has a total shareholder equity of CN¥739.8M and total debt of CN¥692.2M, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are CN¥1.7B and CN¥941.3M respectively.
Key information
93.6%
Debt to equity ratio
CN¥692.21m
Debt
Interest coverage ratio | n/a |
Cash | CN¥460.23m |
Equity | CN¥739.81m |
Total liabilities | CN¥941.29m |
Total assets | CN¥1.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2436's short term assets (CN¥808.7M) exceed its short term liabilities (CN¥645.2M).
Long Term Liabilities: 2436's short term assets (CN¥808.7M) exceed its long term liabilities (CN¥296.1M).
Debt to Equity History and Analysis
Debt Level: 2436's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2436's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2436 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2436 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 27.2% each year.