Keli Sensing Technology (Ningbo)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Keli Sensing Technology (Ningbo)Ltd has a total shareholder equity of CN¥2.9B and total debt of CN¥657.6M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥4.1B and CN¥1.2B respectively. Keli Sensing Technology (Ningbo)Ltd's EBIT is CN¥275.0M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.4B.
Key information
23.0%
Debt to equity ratio
CN¥657.60m
Debt
Interest coverage ratio | -3.8x |
Cash | CN¥1.36b |
Equity | CN¥2.86b |
Total liabilities | CN¥1.21b |
Total assets | CN¥4.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603662's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603662's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥40.2M).
Debt to Equity History and Analysis
Debt Level: 603662 has more cash than its total debt.
Reducing Debt: 603662's debt to equity ratio has increased from 0% to 23% over the past 5 years.
Debt Coverage: 603662's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 603662 earns more interest than it pays, so coverage of interest payments is not a concern.