Hangzhou Kelin Electric Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Kelin Electric has a total shareholder equity of CN¥847.7M and total debt of CN¥18.1M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥911.7M and CN¥64.1M respectively. Hangzhou Kelin Electric's EBIT is CN¥34.6M making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥252.4M.
Key information
2.1%
Debt to equity ratio
CN¥18.10m
Debt
Interest coverage ratio | -15.3x |
Cash | CN¥252.35m |
Equity | CN¥847.67m |
Total liabilities | CN¥64.07m |
Total assets | CN¥911.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688611's short term assets (CN¥630.4M) exceed its short term liabilities (CN¥58.4M).
Long Term Liabilities: 688611's short term assets (CN¥630.4M) exceed its long term liabilities (CN¥5.7M).
Debt to Equity History and Analysis
Debt Level: 688611 has more cash than its total debt.
Reducing Debt: 688611's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: 688611's debt is well covered by operating cash flow (251.7%).
Interest Coverage: 688611 earns more interest than it pays, so coverage of interest payments is not a concern.