Kehua Data Balance Sheet Health
Financial Health criteria checks 6/6
Kehua Data has a total shareholder equity of CN¥4.6B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are CN¥11.3B and CN¥6.7B respectively. Kehua Data's EBIT is CN¥730.2M making its interest coverage ratio -363.3. It has cash and short-term investments of CN¥865.9M.
Key information
47.5%
Debt to equity ratio
CN¥2.18b
Debt
Interest coverage ratio | -363.3x |
Cash | CN¥865.87m |
Equity | CN¥4.59b |
Total liabilities | CN¥6.73b |
Total assets | CN¥11.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002335's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002335's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 002335's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 002335's debt to equity ratio has reduced from 64.3% to 47.5% over the past 5 years.
Debt Coverage: 002335's debt is well covered by operating cash flow (45.5%).
Interest Coverage: 002335 earns more interest than it pays, so coverage of interest payments is not a concern.