ChangZhou KAIDI Electrical Balance Sheet Health
Financial Health criteria checks 5/6
ChangZhou KAIDI Electrical has a total shareholder equity of CN¥2.2B and total debt of CN¥34.2M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥2.7B and CN¥561.6M respectively. ChangZhou KAIDI Electrical's EBIT is CN¥108.4M making its interest coverage ratio -29.5. It has cash and short-term investments of CN¥1.1B.
Key information
1.6%
Debt to equity ratio
CN¥34.19m
Debt
| Interest coverage ratio | -29.5x |
| Cash | CN¥1.10b |
| Equity | CN¥2.19b |
| Total liabilities | CN¥561.61m |
| Total assets | CN¥2.75b |
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¥500.7M).
Long Term Liabilities: 605288's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥60.9M).
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 increased from 0.6% to 1.6% over the past 5 years.
Debt Coverage: 605288's debt is well covered by operating cash flow (833.2%).
Interest Coverage: 605288 earns more interest than it pays, so coverage of interest payments is not a concern.