Lixiang Education Holding Balance Sheet Health
Financial Health criteria checks 4/6
Lixiang Education Holding has a total shareholder equity of CN¥170.8M and total debt of CN¥64.0M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are CN¥432.1M and CN¥261.4M respectively.
Key information
37.5%
Debt to equity ratio
CN¥64.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥230.57m |
| Equity | CN¥170.75m |
| Total liabilities | CN¥261.36m |
| Total assets | CN¥432.11m |
Recent financial health updates
Recent updates
Capital Allocation Trends At Lixiang Education Holding (NASDAQ:LXEH) Aren't Ideal
Feb 20
We Think You Can Look Beyond Lixiang Education Holding's (NASDAQ:LXEH) Lackluster Earnings
May 09Lixiang Education buys Youxi Information Technology
Feb 04Here's What Lixiang Education Holding Co., Ltd.'s (NASDAQ:LXEH) Shareholder Ownership Structure Looks Like
Feb 04Should You Be Excited About Lixiang Education Holding Co., Ltd.'s (NASDAQ:LXEH) 19% Return On Equity?
Dec 31
Lixiang Education reports Q3 results, updates Q4 revenue outlook
Nov 19Financial Position Analysis
Short Term Liabilities: LXEH's short term assets (CN¥246.2M) exceed its short term liabilities (CN¥86.7M).
Long Term Liabilities: LXEH's short term assets (CN¥246.2M) exceed its long term liabilities (CN¥174.7M).
Debt to Equity History and Analysis
Debt Level: LXEH has more cash than its total debt.
Reducing Debt: LXEH's debt to equity ratio has reduced from 57.4% to 37.5% 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: Insufficient data to determine if LXEH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LXEH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.