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 ratio | 9.6x |
| Cash | CN¥599.54m |
| Equity | CN¥677.61m |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥2.65b |
Recent financial health updates
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).