Shenzhen Kedali Industry Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Kedali Industry has a total shareholder equity of CN¥10.8B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥17.1B and CN¥6.3B respectively. Shenzhen Kedali Industry's EBIT is CN¥1.5B making its interest coverage ratio 23.1. It has cash and short-term investments of CN¥2.0B.
Key information
17.5%
Debt to equity ratio
CN¥1.89b
Debt
| Interest coverage ratio | 23.1x |
| Cash | CN¥2.04b |
| Equity | CN¥10.81b |
| Total liabilities | CN¥6.29b |
| Total assets | CN¥17.10b |
Recent financial health updates
Recent updates
Shenzhen Kedali Industry Co., Ltd. Just Recorded A 12% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 30
Shenzhen Kedali Industry (SZSE:002850) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25Shenzhen Kedali Industry Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 15Is Shenzhen Kedali Industry (SZSE:002850) A Risky Investment?
Mar 20Shenzhen Kedali Industry Co., Ltd. (SZSE:002850) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 002850's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 002850's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002850 has more cash than its total debt.
Reducing Debt: 002850's debt to equity ratio has increased from 8.4% to 17.5% over the past 5 years.
Debt Coverage: 002850's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 002850's interest payments on its debt are well covered by EBIT (23.1x coverage).