Kairuide HoldingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kairuide HoldingLtd has a total shareholder equity of CN¥53.2M and total debt of CN¥232.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥117.1M and CN¥63.9M respectively. Kairuide HoldingLtd's EBIT is CN¥866.8K making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥13.5M.
Key information
0.4%
Debt to equity ratio
CN¥231.97k
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥13.52m |
| Equity | CN¥53.22m |
| Total liabilities | CN¥63.91m |
| Total assets | CN¥117.13m |
Recent financial health updates
Recent updates
Kairuide Holding Co.,Ltd.'s (SZSE:002072) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 21
We're Not Very Worried About Kairuide HoldingLtd's (SZSE:002072) Cash Burn Rate
Apr 19Risks Still Elevated At These Prices As Kairuide Holding Co.,Ltd. (SZSE:002072) Shares Dive 28%
Feb 27Financial Position Analysis
Short Term Liabilities: 002072's short term assets (CN¥113.8M) exceed its short term liabilities (CN¥63.3M).
Long Term Liabilities: 002072's short term assets (CN¥113.8M) exceed its long term liabilities (CN¥619.8K).
Debt to Equity History and Analysis
Debt Level: 002072 has more cash than its total debt.
Reducing Debt: 002072 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 002072's debt is well covered by operating cash flow (2096%).
Interest Coverage: 002072 earns more interest than it pays, so coverage of interest payments is not a concern.