Shanghai Kelai Mechatronics EngineeringLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kelai Mechatronics EngineeringLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥201.1M respectively. Shanghai Kelai Mechatronics EngineeringLtd's EBIT is CN¥77.7M making its interest coverage ratio -14.6. It has cash and short-term investments of CN¥316.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14.6x |
| Cash | CN¥316.54m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥201.12m |
| Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Stocks Pounded By 28% But Not Lagging Market On Growth Or Pricing
Apr 16
Shanghai Kelai Mechatronics EngineeringLtd (SHSE:603960) Could Be Struggling To Allocate Capital
Apr 12After Leaping 190% Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Shares Are Not Flying Under The Radar
Feb 27Financial Position Analysis
Short Term Liabilities: 603960's short term assets (CN¥785.4M) exceed its short term liabilities (CN¥198.9M).
Long Term Liabilities: 603960's short term assets (CN¥785.4M) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 603960 is debt free.
Reducing Debt: 603960 has no debt compared to 5 years ago when its debt to equity ratio was 10%.
Debt Coverage: 603960 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603960 has no debt, therefore coverage of interest payments is not a concern.