Ningbo KBE Electrical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ningbo KBE Electrical TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 153.4%. Its total assets and total liabilities are CN¥3.3B and CN¥2.1B respectively. Ningbo KBE Electrical TechnologyLtd's EBIT is CN¥251.0M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥386.9M.
Key information
153.4%
Debt to equity ratio
CN¥1.83b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥386.94m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥2.14b |
| Total assets | CN¥3.33b |
Recent financial health updates
Recent updates
Ningbo KBE Electrical Technology Co.,Ltd.'s (SZSE:300863) Shareholders Might Be Looking For Exit
Sep 24
Ningbo KBE Electrical TechnologyLtd (SZSE:300863) Has A Somewhat Strained Balance Sheet
Jul 26What Ningbo KBE Electrical Technology Co.,Ltd.'s (SZSE:300863) P/E Is Not Telling You
Jun 26Ningbo KBE Electrical TechnologyLtd's (SZSE:300863) Dividend Will Be CN¥0.50
Jun 02Ningbo KBE Electrical TechnologyLtd's (SZSE:300863) Returns On Capital Not Reflecting Well On The Business
May 29Financial Position Analysis
Short Term Liabilities: 300863's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300863's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥531.2M).
Debt to Equity History and Analysis
Debt Level: 300863's net debt to equity ratio (121%) is considered high.
Reducing Debt: 300863's debt to equity ratio has increased from 71.8% to 153.4% over the past 5 years.
Debt Coverage: 300863's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 300863's interest payments on its debt are well covered by EBIT (4.7x coverage).