Xiamen King Long Motor Group Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen King Long Motor Group has a total shareholder equity of CN¥4.1B and total debt of CN¥6.3B, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are CN¥27.1B and CN¥23.0B respectively.
Key information
151.6%
Debt to equity ratio
CN¥6.26b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.35b |
| Equity | CN¥4.13b |
| Total liabilities | CN¥23.01b |
| Total assets | CN¥27.14b |
Financial Position Analysis
Short Term Liabilities: 600686's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥17.9B).
Long Term Liabilities: 600686's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 600686 has more cash than its total debt.
Reducing Debt: 600686's debt to equity ratio has increased from 80.8% to 151.6% over the past 5 years.
Debt Coverage: 600686's debt is well covered by operating cash flow (39.8%).
Interest Coverage: Insufficient data to determine if 600686's interest payments on its debt are well covered by EBIT.