Lucas GC Balance Sheet Health
Financial Health criteria checks 4/6
Lucas GC has a total shareholder equity of CN¥196.6M and total debt of CN¥39.4M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥291.8M and CN¥95.2M respectively. Lucas GC's EBIT is CN¥67.7M making its interest coverage ratio 75.8. It has cash and short-term investments of CN¥30.1M.
Key information
20.0%
Debt to equity ratio
CN¥39.38m
Debt
Interest coverage ratio | 75.8x |
Cash | CN¥30.12m |
Equity | CN¥196.59m |
Total liabilities | CN¥95.23m |
Total assets | CN¥291.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGCL's short term assets (CN¥231.3M) exceed its short term liabilities (CN¥95.2M).
Long Term Liabilities: LGCL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LGCL's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: LGCL's debt to equity ratio has increased from 0% to 20% over the past 5 years.
Debt Coverage: LGCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LGCL's interest payments on its debt are well covered by EBIT (75.8x coverage).