Logory Logistics Technology Co., Ltd.

SEHK:2482 Stock Report

Market Cap: HK$1.1b

Logory Logistics Technology Balance Sheet Health

Financial Health criteria checks 4/6

Logory Logistics Technology has a total shareholder equity of CN¥677.6M and total debt of CN¥265.4M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are CN¥2.7B and CN¥2.0B respectively. Logory Logistics Technology's EBIT is CN¥19.0M making its interest coverage ratio 9.6. It has cash and short-term investments of CN¥599.5M.

Key information

39.2%

Debt to equity ratio

CN¥265.36m

Debt

Interest coverage ratio9.6x
CashCN¥599.54m
EquityCN¥677.61m
Total liabilitiesCN¥1.97b
Total assetsCN¥2.65b

Recent financial health updates

Recent updates

Here's Why Logory Logistics Technology (HKG:2482) Can Manage Its Debt Responsibly

Oct 03
Here's Why Logory Logistics Technology (HKG:2482) Can Manage Its Debt Responsibly

Logory Logistics Technology's (HKG:2482) Solid Profits Have Weak Fundamentals

Sep 06
Logory Logistics Technology's (HKG:2482) Solid Profits Have Weak Fundamentals

Financial Position Analysis

Short Term Liabilities: 2482's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: 2482's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥18.2M).


Debt to Equity History and Analysis

Debt Level: 2482 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 2482's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2482's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2482's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


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