Hangzhou Kaierda Welding RobotLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Kaierda Welding RobotLtd 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¥183.6M respectively. Hangzhou Kaierda Welding RobotLtd's EBIT is CN¥16.4M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥604.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥604.66m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥183.60m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Hangzhou Kaierda Welding Robot Co.,Ltd.'s (SHSE:688255) Massive 30% Price Jump
Sep 30
Some Investors May Be Worried About Hangzhou Kaierda Welding RobotLtd's (SHSE:688255) Returns On Capital
Sep 27There May Be Some Bright Spots In Hangzhou Kaierda Welding RobotLtd's (SHSE:688255) Earnings
May 03Capital Allocation Trends At Hangzhou Kaierda Welding RobotLtd (SHSE:688255) Aren't Ideal
Apr 16Hangzhou Kaierda Welding Robot Co.,Ltd.'s (SHSE:688255) 45% Price Boost Is Out Of Tune With Revenues
Mar 07Financial Position Analysis
Short Term Liabilities: 688255's short term assets (CN¥984.3M) exceed its short term liabilities (CN¥182.8M).
Long Term Liabilities: 688255's short term assets (CN¥984.3M) exceed its long term liabilities (CN¥756.9K).
Debt to Equity History and Analysis
Debt Level: 688255 is debt free.
Reducing Debt: 688255 has no debt compared to 5 years ago when its debt to equity ratio was 39.4%.
Debt Coverage: 688255 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688255 has no debt, therefore coverage of interest payments is not a concern.