IKD Balance Sheet Health
Financial Health criteria checks 5/6
IKD has a total shareholder equity of CN¥8.3B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥14.2B and CN¥5.9B respectively. IKD's EBIT is CN¥1.1B making its interest coverage ratio -53.8. It has cash and short-term investments of CN¥2.1B.
Key information
46.4%
Debt to equity ratio
CN¥3.86b
Debt
| Interest coverage ratio | -53.8x |
| Cash | CN¥2.07b |
| Equity | CN¥8.30b |
| Total liabilities | CN¥5.89b |
| Total assets | CN¥14.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600933's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600933's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600933's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 600933's debt to equity ratio has increased from 2.1% to 46.4% over the past 5 years.
Debt Coverage: 600933's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 600933 earns more interest than it pays, so coverage of interest payments is not a concern.