Lonking Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Lonking Holdings has a total shareholder equity of CN¥9.6B and total debt of CN¥734.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥15.1B and CN¥5.5B respectively. Lonking Holdings's EBIT is CN¥613.5M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥5.5B.
Key information
7.6%
Debt to equity ratio
CN¥734.72m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥5.49b |
| Equity | CN¥9.64b |
| Total liabilities | CN¥5.49b |
| Total assets | CN¥15.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LONK.F's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: LONK.F's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥58.7M).
Debt to Equity History and Analysis
Debt Level: LONK.F has more cash than its total debt.
Reducing Debt: LONK.F's debt to equity ratio has reduced from 19.4% to 7.6% over the past 5 years.
Debt Coverage: LONK.F's debt is well covered by operating cash flow (299.9%).
Interest Coverage: LONK.F earns more interest than it pays, so coverage of interest payments is not a concern.