KTK Group Balance Sheet Health
Financial Health criteria checks 6/6
KTK Group has a total shareholder equity of CN¥5.0B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are CN¥8.9B and CN¥3.9B respectively. KTK Group's EBIT is CN¥232.6M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥744.3M.
Key information
26.8%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥744.30m |
| Equity | CN¥5.04b |
| Total liabilities | CN¥3.88b |
| Total assets | CN¥8.92b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of KTK Group Co., Ltd. (SHSE:603680)
Jun 05
KTK Group's (SHSE:603680) Earnings May Just Be The Starting Point
May 06We Think KTK Group (SHSE:603680) Can Manage Its Debt With Ease
Apr 29KTK Group Co., Ltd.'s (SHSE:603680) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Mar 08KTK Group's (SHSE:603680) Returns On Capital Not Reflecting Well On The Business
Feb 28Financial Position Analysis
Short Term Liabilities: 603680's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603680's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥878.3M).
Debt to Equity History and Analysis
Debt Level: 603680's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: 603680's debt to equity ratio has reduced from 32% to 26.8% over the past 5 years.
Debt Coverage: 603680's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 603680 earns more interest than it pays, so coverage of interest payments is not a concern.