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¥589.1M making its interest coverage ratio 8. 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 | 8x |
Cash | CN¥865.87m |
Equity | CN¥4.59b |
Total liabilities | CN¥6.73b |
Total assets | CN¥11.31b |
Recent financial health updates
Kehua Data (SZSE:002335) Has A Pretty Healthy Balance Sheet
May 29Kehua Data (SZSE:002335) Could Easily Take On More Debt
Feb 28Recent updates
Kehua Data's (SZSE:002335) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Kehua Data (SZSE:002335) Has A Pretty Healthy Balance Sheet
May 29Kehua Data's (SZSE:002335) Strong Earnings Are Of Good Quality
May 02Market Might Still Lack Some Conviction On Kehua Data Co., Ltd. (SZSE:002335) Even After 27% Share Price Boost
Mar 01Kehua Data (SZSE:002335) Could Easily Take On More Debt
Feb 28Financial 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's interest payments on its debt are well covered by EBIT (8x coverage).