ChangZhou KAIDI Electrical Balance Sheet Health
Financial Health criteria checks 6/6
ChangZhou KAIDI Electrical has a total shareholder equity of CN¥2.2B and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥2.8B and CN¥570.2M respectively. ChangZhou KAIDI Electrical's EBIT is CN¥63.0M making its interest coverage ratio -2. It has cash and short-term investments of CN¥1.1B.
Key information
0.2%
Debt to equity ratio
CN¥5.00m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥1.07b |
| Equity | CN¥2.21b |
| Total liabilities | CN¥570.17m |
| Total assets | CN¥2.78b |
Recent financial health updates
No updates
Recent updates
Shareholders Will Be Pleased With The Quality of ChangZhou KAIDI Electrical's (SHSE:605288) Earnings
May 06
Here's What's Concerning About ChangZhou KAIDI Electrical's (SHSE:605288) Returns On Capital
Apr 16Improved Earnings Required Before ChangZhou KAIDI Electrical Inc. (SHSE:605288) Stock's 26% Jump Looks Justified
Mar 08Financial Position Analysis
Short Term Liabilities: 605288's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥512.6M).
Long Term Liabilities: 605288's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥57.6M).
Debt to Equity History and Analysis
Debt Level: 605288 has more cash than its total debt.
Reducing Debt: 605288's debt to equity ratio has reduced from 14.6% to 0.2% over the past 5 years.
Debt Coverage: 605288's debt is well covered by operating cash flow (3581.1%).
Interest Coverage: 605288 earns more interest than it pays, so coverage of interest payments is not a concern.