IKD Balance Sheet Health
Financial Health criteria checks 5/6
IKD has a total shareholder equity of CN¥8.0B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥13.6B and CN¥5.6B respectively. IKD's EBIT is CN¥1.1B making its interest coverage ratio -78.7. It has cash and short-term investments of CN¥3.6B.
Key information
46.6%
Debt to equity ratio
CN¥3.72b
Debt
Interest coverage ratio | -78.7x |
Cash | CN¥3.61b |
Equity | CN¥7.99b |
Total liabilities | CN¥5.56b |
Total assets | CN¥13.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600933's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 600933's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600933's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 600933's debt to equity ratio has increased from 2.8% to 46.6% over the past 5 years.
Debt Coverage: 600933's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 600933 earns more interest than it pays, so coverage of interest payments is not a concern.