Kehua HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kehua HoldingsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are CN¥3.4B and CN¥2.0B respectively. Kehua HoldingsLtd's EBIT is CN¥174.1M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥264.7M.
Key information
79.5%
Debt to equity ratio
CN¥1.13b
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥264.73m |
Equity | CN¥1.42b |
Total liabilities | CN¥1.96b |
Total assets | CN¥3.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603161's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603161's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥405.5M).
Debt to Equity History and Analysis
Debt Level: 603161's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: 603161's debt to equity ratio has reduced from 98.4% to 79.5% over the past 5 years.
Debt Coverage: 603161's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 603161's interest payments on its debt are not well covered by EBIT (2.3x coverage).