LexinFintech Holdings Balance Sheet Health
Financial Health criteria checks 6/6
LexinFintech Holdings has a total shareholder equity of CN¥10.4B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are CN¥22.5B and CN¥12.1B respectively. LexinFintech Holdings's EBIT is CN¥2.3B making its interest coverage ratio 138.2. It has cash and short-term investments of CN¥2.2B.
Key information
43.7%
Debt to equity ratio
CN¥4.56b
Debt
| Interest coverage ratio | 138.2x |
| Cash | CN¥2.15b |
| Equity | CN¥10.42b |
| Total liabilities | CN¥12.10b |
| Total assets | CN¥22.53b |
Recent financial health updates
No updates
Recent updates
LexinFintech: A Well-Deserved Quant Rating Boost
Dec 18LexinFintech Holdings Ltd.'s (NASDAQ:LX) Shares Leap 37% Yet They're Still Not Telling The Full Story
Nov 27
Further Upside For LexinFintech Holdings Ltd. (NASDAQ:LX) Shares Could Introduce Price Risks After 42% Bounce
Sep 28LexinFintech: User Base Sees Growth, AI In The Works, And Undervalued
Sep 18LexinFintech: Eyes On Loan Origination Miss And Business Mix Changes
Sep 04LexinFintech Holdings' (NASDAQ:LX) Dividend Will Be CN¥0.0634
Sep 03Not Many Are Piling Into LexinFintech Holdings Ltd. (NASDAQ:LX) Just Yet
May 08LexinFintech Is An Undervalued Hidden Gem
Feb 16LexinFintech: What To Watch With Upcoming Q4 Results
Feb 01LexinFintech: Mixed Prospects
Aug 30LexinFintech Non-GAAP EPADS of $0.15, revenue of $360.23M beats by $108.4M
Aug 17LexinFintech: New Regulatory Developments Draw Attention
Nov 29LexinFintech Slows Down Lending As Latest Regulatory Wave Rocks Fintechs
Sep 01LexinFintech stock climbs after Morgan Stanley upgrades to Overweight
Jun 14LexinFintech: Regulatory Risks Are Still A Concern Despite Good Results
Jun 08Here's Why I Think LexinFintech Holdings (NASDAQ:LX) Is An Interesting Stock
Jun 03LexinFintech EPS in-line, misses on revenue
Jun 01LexinFintech Holdings chief financial officer resigns
May 26What Is The Ownership Structure Like For LexinFintech Holdings Ltd. (NASDAQ:LX)?
Mar 12Financial Position Analysis
Short Term Liabilities: LX's short term assets (CN¥18.2B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: LX's short term assets (CN¥18.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: LX's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: LX's debt to equity ratio has reduced from 112.1% to 43.7% over the past 5 years.
Debt Coverage: LX's debt is well covered by operating cash flow (61.2%).
Interest Coverage: LX's interest payments on its debt are well covered by EBIT (138.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LexinFintech Holdings Ltd. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Munyoung Cha | BNP Paribas Securities (Asia) |
| Eddie Leung | BofA Global Research |
| Yada Li | China International Capital Corporation Limited |