Legend Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Legend Holdings has a total shareholder equity of CN¥98.3B and total debt of CN¥164.1B, which brings its debt-to-equity ratio to 166.9%. Its total assets and total liabilities are CN¥678.9B and CN¥580.6B respectively. Legend Holdings's EBIT is CN¥22.2B making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥96.7B.
Key information
166.9%
Debt to equity ratio
CN¥164.12b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥96.70b |
| Equity | CN¥98.33b |
| Total liabilities | CN¥580.61b |
| Total assets | CN¥678.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3396's short term assets (CN¥306.3B) do not cover its short term liabilities (CN¥459.1B).
Long Term Liabilities: 3396's short term assets (CN¥306.3B) exceed its long term liabilities (CN¥121.5B).
Debt to Equity History and Analysis
Debt Level: 3396's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: 3396's debt to equity ratio has reduced from 342.6% to 166.9% over the past 5 years.
Debt Coverage: 3396's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 3396's interest payments on its debt are not well covered by EBIT (1.7x coverage).