Shanghai Kelai Mechatronics EngineeringLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kelai Mechatronics EngineeringLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥2.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.3B and CN¥155.5M respectively. Shanghai Kelai Mechatronics EngineeringLtd's EBIT is CN¥90.1M making its interest coverage ratio -17. It has cash and short-term investments of CN¥375.0M.
Key information
0.2%
Debt to equity ratio
CN¥2.00m
Debt
| Interest coverage ratio | -17x |
| Cash | CN¥375.01m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥155.51m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Recent updates
What Does Shanghai Kelai Mechatronics Engineering Co.,Ltd.'s (SHSE:603960) Share Price Indicate?
May 13
Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Stocks Pounded By 28% But Not Lagging Market On Growth Or Pricing
Apr 16Shanghai 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¥792.3M) exceed its short term liabilities (CN¥153.4M).
Long Term Liabilities: 603960's short term assets (CN¥792.3M) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 603960 has more cash than its total debt.
Reducing Debt: 603960's debt to equity ratio has reduced from 11.8% to 0.2% over the past 5 years.
Debt Coverage: 603960's debt is well covered by operating cash flow (8424.8%).
Interest Coverage: 603960 earns more interest than it pays, so coverage of interest payments is not a concern.