Li Auto Balance Sheet Health
Financial Health criteria checks 6/6
Li Auto has a total shareholder equity of CN¥63.3B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are CN¥145.1B and CN¥81.8B respectively. Li Auto's EBIT is CN¥5.3B making its interest coverage ratio -2. It has cash and short-term investments of CN¥97.2B.
Key information
14.1%
Debt to equity ratio
CN¥8.90b
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥97.25b |
| Equity | CN¥63.31b |
| Total liabilities | CN¥81.80b |
| Total assets | CN¥145.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAAO.F's short term assets (CN¥109.8B) exceed its short term liabilities (CN¥62.5B).
Long Term Liabilities: LAAO.F's short term assets (CN¥109.8B) exceed its long term liabilities (CN¥19.3B).
Debt to Equity History and Analysis
Debt Level: LAAO.F has more cash than its total debt.
Reducing Debt: LAAO.F's debt to equity ratio has reduced from 18.5% to 14.1% over the past 5 years.
Debt Coverage: LAAO.F's debt is well covered by operating cash flow (314.8%).
Interest Coverage: LAAO.F earns more interest than it pays, so coverage of interest payments is not a concern.