Legend Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Legend Holdings has a total shareholder equity of CN¥100.1B and total debt of CN¥153.8B, which brings its debt-to-equity ratio to 153.6%. Its total assets and total liabilities are CN¥665.7B and CN¥565.6B respectively. Legend Holdings's EBIT is CN¥20.0B making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥89.8B.
Key information
153.6%
Debt to equity ratio
CN¥153.75b
Debt
Interest coverage ratio | 1.9x |
Cash | CN¥89.79b |
Equity | CN¥100.12b |
Total liabilities | CN¥565.61b |
Total assets | CN¥665.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3396's short term assets (CN¥292.7B) do not cover its short term liabilities (CN¥442.5B).
Long Term Liabilities: 3396's short term assets (CN¥292.7B) exceed its long term liabilities (CN¥123.1B).
Debt to Equity History and Analysis
Debt Level: 3396's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: 3396's debt to equity ratio has reduced from 346.2% to 153.6% over the past 5 years.
Debt Coverage: 3396's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 3396's interest payments on its debt are not well covered by EBIT (1.9x coverage).