LC Logistics Balance Sheet Health
Financial Health criteria checks 4/6
LC Logistics has a total shareholder equity of CN¥1.2B and total debt of CN¥22.8M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥1.6B and CN¥389.1M respectively. LC Logistics's EBIT is CN¥33.2M making its interest coverage ratio 23.7. It has cash and short-term investments of CN¥191.7M.
Key information
1.9%
Debt to equity ratio
CN¥22.78m
Debt
| Interest coverage ratio | 23.7x |
| Cash | CN¥191.75m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥389.09m |
| Total assets | CN¥1.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2490's short term assets (CN¥502.5M) exceed its short term liabilities (CN¥325.1M).
Long Term Liabilities: 2490's short term assets (CN¥502.5M) exceed its long term liabilities (CN¥64.0M).
Debt to Equity History and Analysis
Debt Level: 2490 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2490's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2490's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2490's interest payments on its debt are well covered by EBIT (23.7x coverage).