Luzhou Xinglu Water (Group) Balance Sheet Health
Financial Health criteria checks 2/6
Luzhou Xinglu Water (Group) has a total shareholder equity of CN¥3.0B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 97.7%. Its total assets and total liabilities are CN¥7.1B and CN¥4.0B respectively. Luzhou Xinglu Water (Group)'s EBIT is CN¥341.5M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥390.5M.
Key information
97.7%
Debt to equity ratio
CN¥2.94b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥390.51m |
| Equity | CN¥3.01b |
| Total liabilities | CN¥4.04b |
| Total assets | CN¥7.05b |
Recent financial health updates
Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky
Aug 30
Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden
Sep 20Recent updates
Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward
May 13Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky
Aug 30Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055
Jun 12Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return
Sep 01Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059
Jun 13Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden
Sep 20Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073
Jun 13Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return
May 09A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns
Mar 14Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?
Feb 07What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?
Dec 27Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?
Dec 09What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 24Financial Position Analysis
Short Term Liabilities: 2281's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 2281's short term assets (CN¥1.3B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 2281's net debt to equity ratio (84.8%) is considered high.
Reducing Debt: 2281's debt to equity ratio has increased from 43.2% to 97.7% over the past 5 years.
Debt Coverage: 2281's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 2281's interest payments on its debt are well covered by EBIT (4.8x coverage).