Kuaishou Technology Balance Sheet Health
Financial Health criteria checks 6/6
Kuaishou Technology has a total shareholder equity of CN¥56.4B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥119.8B and CN¥63.4B respectively. Kuaishou Technology's EBIT is CN¥12.6B making its interest coverage ratio -23.7. It has cash and short-term investments of CN¥53.2B.
Key information
8.0%
Debt to equity ratio
CN¥4.50b
Debt
Interest coverage ratio | -23.7x |
Cash | CN¥53.18b |
Equity | CN¥56.44b |
Total liabilities | CN¥63.36b |
Total assets | CN¥119.80b |
Recent financial health updates
We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Jan 04We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Sep 19We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Jun 05We're Hopeful That Kuaishou Technology (HKG:1024) Will Use Its Cash Wisely
Dec 10We're Interested To See How Kuaishou Technology (HKG:1024) Uses Its Cash Hoard To Grow
Jun 01Recent updates
What Kuaishou Technology's (HKG:1024) 29% Share Price Gain Is Not Telling You
Oct 09Kuaishou Technology's (HKG:1024) Returns On Capital Are Heading Higher
Jun 17We Think Kuaishou Technology's (HKG:1024) Robust Earnings Are Conservative
May 29Should You Investigate Kuaishou Technology (HKG:1024) At HK$59.15?
May 21Kuaishou Technology's (HKG:1024) Share Price Not Quite Adding Up
Apr 24Returns At Kuaishou Technology (HKG:1024) Are On The Way Up
Mar 12Why We're Not Concerned About Kuaishou Technology's (HKG:1024) Share Price
Jan 22Solid Earnings Reflect Kuaishou Technology's (HKG:1024) Strength As A Business
Nov 28Why Kuaishou Technology (HKG:1024) Could Be Worth Watching
Jul 18Are Investors Undervaluing Kuaishou Technology (HKG:1024) By 24%?
Jun 02Is Now An Opportune Moment To Examine Kuaishou Technology (HKG:1024)?
Apr 13Calculating The Fair Value Of Kuaishou Technology (HKG:1024)
Jan 26We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Jan 04We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Sep 19A Look At The Fair Value Of Kuaishou Technology (HKG:1024)
Aug 28We're Not Very Worried About Kuaishou Technology's (HKG:1024) Cash Burn Rate
Jun 05We're Hopeful That Kuaishou Technology (HKG:1024) Will Use Its Cash Wisely
Dec 10We're Interested To See How Kuaishou Technology (HKG:1024) Uses Its Cash Hoard To Grow
Jun 01Financial Position Analysis
Short Term Liabilities: 1024's short term assets (CN¥64.0B) exceed its short term liabilities (CN¥51.8B).
Long Term Liabilities: 1024's short term assets (CN¥64.0B) exceed its long term liabilities (CN¥11.5B).
Debt to Equity History and Analysis
Debt Level: 1024 has more cash than its total debt.
Reducing Debt: 1024 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 1024's debt is well covered by operating cash flow (637.8%).
Interest Coverage: 1024 earns more interest than it pays, so coverage of interest payments is not a concern.