TKD Science and TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
TKD Science and TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥9.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥2.0B and CN¥255.8M respectively. TKD Science and TechnologyLtd's EBIT is CN¥71.3M making its interest coverage ratio 14. It has cash and short-term investments of CN¥170.5M.
Key information
0.6%
Debt to equity ratio
CN¥9.62m
Debt
| Interest coverage ratio | 14x |
| Cash | CN¥170.50m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥255.80m |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603738's short term assets (CN¥952.3M) exceed its short term liabilities (CN¥161.8M).
Long Term Liabilities: 603738's short term assets (CN¥952.3M) exceed its long term liabilities (CN¥94.0M).
Debt to Equity History and Analysis
Debt Level: 603738 has more cash than its total debt.
Reducing Debt: 603738's debt to equity ratio has reduced from 46.8% to 0.6% over the past 5 years.
Debt Coverage: 603738's debt is well covered by operating cash flow (3117.5%).
Interest Coverage: 603738's interest payments on its debt are well covered by EBIT (14x coverage).