IKD Balance Sheet Health
Financial Health criteria checks 5/6
IKD has a total shareholder equity of CN¥8.4B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are CN¥14.0B and CN¥5.6B respectively. IKD's EBIT is CN¥1.1B making its interest coverage ratio -261.7. It has cash and short-term investments of CN¥3.9B.
Key information
45.0%
Debt to equity ratio
CN¥3.76b
Debt
| Interest coverage ratio | -261.7x |
| Cash | CN¥3.95b |
| Equity | CN¥8.36b |
| Total liabilities | CN¥5.64b |
| Total assets | CN¥13.99b |
Recent financial health updates
Does IKD (SHSE:600933) Have A Healthy Balance Sheet?
Sep 18
Is IKD (SHSE:600933) A Risky Investment?
May 21Recent updates
Does IKD (SHSE:600933) Have A Healthy Balance Sheet?
Sep 18A Look At The Fair Value Of IKD Co., Ltd. (SHSE:600933)
Aug 31Returns On Capital At IKD (SHSE:600933) Have Hit The Brakes
Jun 22Is IKD (SHSE:600933) A Risky Investment?
May 21Solid Earnings May Not Tell The Whole Story For IKD (SHSE:600933)
May 03Lacklustre Performance Is Driving IKD Co., Ltd.'s (SHSE:600933) Low P/E
Apr 28With EPS Growth And More, IKD (SHSE:600933) Makes An Interesting Case
Feb 28Financial Position Analysis
Short Term Liabilities: 600933's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 600933's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 600933 has more cash than its total debt.
Reducing Debt: 600933's debt to equity ratio has increased from 0% to 45% over the past 5 years.
Debt Coverage: 600933's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 600933 earns more interest than it pays, so coverage of interest payments is not a concern.