Lixiang Education Holding Balance Sheet Health
Financial Health criteria checks 4/6
Lixiang Education Holding has a total shareholder equity of CN¥251.6M and total debt of CN¥80.3M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥593.6M and CN¥342.0M respectively.
Key information
31.9%
Debt to equity ratio
CN¥80.34m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥240.12m |
| Equity | CN¥251.60m |
| Total liabilities | CN¥341.99m |
| Total assets | CN¥593.60m |
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¥319.4M) exceed its short term liabilities (CN¥124.1M).
Long Term Liabilities: LXEH's short term assets (CN¥319.4M) exceed its long term liabilities (CN¥217.9M).
Debt to Equity History and Analysis
Debt Level: LXEH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LXEH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LXEH's debt is well covered by operating cash flow (51%).
Interest Coverage: Insufficient data to determine if LXEH's interest payments on its debt are well covered by EBIT.