Shenzhen Kedali Industry Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Kedali Industry has a total shareholder equity of CN¥11.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CN¥18.0B and CN¥6.8B respectively. Shenzhen Kedali Industry's EBIT is CN¥1.6B making its interest coverage ratio 27.8. It has cash and short-term investments of CN¥2.7B.
Key information
14.8%
Debt to equity ratio
CN¥1.66b
Debt
| Interest coverage ratio | 27.8x |
| Cash | CN¥2.75b |
| Equity | CN¥11.23b |
| Total liabilities | CN¥6.79b |
| Total assets | CN¥18.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002850's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002850's short term assets (CN¥10.0B) 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 10.1% to 14.8% over the past 5 years.
Debt Coverage: 002850's debt is well covered by operating cash flow (150.3%).
Interest Coverage: 002850's interest payments on its debt are well covered by EBIT (27.8x coverage).