Leader Environmental Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Leader Environmental Technologies has a total shareholder equity of CN¥79.5M and total debt of CN¥113.5M, which brings its debt-to-equity ratio to 142.8%. Its total assets and total liabilities are CN¥233.7M and CN¥154.3M respectively.
Key information
142.8%
Debt to equity ratio
CN¥113.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥91.83m |
| Equity | CN¥79.45m |
| Total liabilities | CN¥154.27m |
| Total assets | CN¥233.72m |
Recent financial health updates
Leader Environmental Technologies (SGX:LS9) Is Carrying A Fair Bit Of Debt
May 03
We Think Leader Environmental Technologies (SGX:LS9) Has A Fair Chunk Of Debt
Dec 26Does Leader Environmental Technologies (SGX:LS9) Have A Healthy Balance Sheet?
Jun 22Leader Environmental Technologies (SGX:LS9) Is Using Debt Safely
May 10Leader Environmental Technologies (SGX:LS9) Has Debt But No Earnings; Should You Worry?
May 05Recent updates
Leader Environmental Technologies (SGX:LS9) Is Carrying A Fair Bit Of Debt
May 03We Think Leader Environmental Technologies (SGX:LS9) Has A Fair Chunk Of Debt
Dec 26Does Leader Environmental Technologies (SGX:LS9) Have A Healthy Balance Sheet?
Jun 22Leader Environmental Technologies (SGX:LS9) Is Using Debt Safely
May 10Leader Environmental Technologies (SGX:LS9) Has Debt But No Earnings; Should You Worry?
May 05Shareholders of Leader Environmental Technologies (SGX:LS9) Must Be Delighted With Their 700% Total Return
Mar 14Is Leader Environmental Technologies Limited's (SGX:LS9) Shareholder Ownership Skewed Towards Insiders?
Feb 16
Founder Baiyin Lin Just Sold A Bunch Of Shares In Leader Environmental Technologies Limited (SGX:LS9)
Dec 23Financial Position Analysis
Short Term Liabilities: LS9's short term assets (CN¥148.9M) exceed its short term liabilities (CN¥131.9M).
Long Term Liabilities: LS9's short term assets (CN¥148.9M) exceed its long term liabilities (CN¥22.4M).
Debt to Equity History and Analysis
Debt Level: LS9's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: LS9's debt to equity ratio has increased from 93.8% to 142.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LS9 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LS9 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 45.1% each year.