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¥670.1M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥4.2B and CN¥1.3B respectively. Keli Sensing Technology (Ningbo)Ltd's EBIT is CN¥217.4M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥1.4B.
Key information
22.9%
Debt to equity ratio
CN¥670.14m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥1.36b |
| Equity | CN¥2.93b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥4.22b |
Recent financial health updates
Here's Why Keli Sensing Technology (Ningbo)Ltd (SHSE:603662) Can Manage Its Debt Responsibly
Oct 08
Keli Sensing Technology (Ningbo)Ltd (SHSE:603662) Seems To Use Debt Quite Sensibly
May 24Recent updates
Here's Why Keli Sensing Technology (Ningbo)Ltd (SHSE:603662) Can Manage Its Debt Responsibly
Oct 08Many Still Looking Away From Keli Sensing Technology (Ningbo) Co.,Ltd. (SHSE:603662)
Sep 17Keli Sensing Technology (Ningbo)Ltd's (SHSE:603662) Returns On Capital Not Reflecting Well On The Business
Aug 16Keli Sensing Technology (Ningbo)Ltd (SHSE:603662) Seems To Use Debt Quite Sensibly
May 24There May Be Underlying Issues With The Quality Of Keli Sensing Technology (Ningbo)Ltd's (SHSE:603662) Earnings
May 06Capital Allocation Trends At Keli Sensing Technology (Ningbo)Ltd (SHSE:603662) Aren't Ideal
Apr 09Keli Sensing Technology (Ningbo) Co.,Ltd. (SHSE:603662) Doing What It Can To Lift Shares
Feb 29Financial Position Analysis
Short Term Liabilities: 603662's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603662's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥42.0M).
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 22.9% over the past 5 years.
Debt Coverage: 603662's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 603662 earns more interest than it pays, so coverage of interest payments is not a concern.