LexinFintech Holdings Balance Sheet Health
Financial Health criteria checks 5/6
LexinFintech Holdings has a total shareholder equity of CN¥9.7B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CN¥23.1B and CN¥13.4B respectively. LexinFintech Holdings's EBIT is CN¥1.9B making its interest coverage ratio 37.2. It has cash and short-term investments of CN¥2.6B.
Key information
56.3%
Debt to equity ratio
CN¥5.47b
Debt
| Interest coverage ratio | 37.2x |
| Cash | CN¥2.62b |
| Equity | CN¥9.71b |
| Total liabilities | CN¥13.43b |
| Total assets | CN¥23.14b |
Recent financial health updates
No updates
Recent updates
LexinFintech 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 03
LexinFintech 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 12LexinFintech: A GARP Opportunity
Feb 01LexinFintech Holdings: Asset Quality And Regulatory Uncertainty Draw Attention
Jan 11LexinFintech Holdings Ltd. (NASDAQ:LX) Just Reported, And Analysts Assigned A CN¥71.34 Price Target
Nov 27
LexinFintech Q3 Earnings Preview
Nov 23LexinFintech Holdings: All Eyes On Regulatory Risks
Oct 29Financial Position Analysis
Short Term Liabilities: LX's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥12.3B).
Long Term Liabilities: LX's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: LX's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: LX's debt to equity ratio has reduced from 127.6% to 56.3% over the past 5 years.
Debt Coverage: LX's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: LX's interest payments on its debt are well covered by EBIT (37.2x coverage).