Lonking Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Lonking Holdings has a total shareholder equity of CN¥10.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥15.0B and CN¥4.9B respectively. Lonking Holdings's EBIT is CN¥822.5M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥5.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥5.50b |
| Equity | CN¥10.13b |
| Total liabilities | CN¥4.89b |
| Total assets | CN¥15.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKHL.Y's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: LKHL.Y's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥56.8M).
Debt to Equity History and Analysis
Debt Level: LKHL.Y is debt free.
Reducing Debt: LKHL.Y has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.
Debt Coverage: LKHL.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LKHL.Y has no debt, therefore coverage of interest payments is not a concern.