Kennede Electronics MFG Balance Sheet Health
Financial Health criteria checks 3/6
Kennede Electronics MFG has a total shareholder equity of CN¥1.2B and total debt of CN¥551.9M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are CN¥2.9B and CN¥1.6B respectively. Kennede Electronics MFG's EBIT is CN¥34.2M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥136.3M.
Key information
44.5%
Debt to equity ratio
CN¥551.88m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥136.27m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥1.64b |
| Total assets | CN¥2.88b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Kennede Electronics MFG. Co., Ltd.'s (SZSE:002723) Tunnel And Push Stock Down 25%
Jul 05
Kennede Electronics MFG. Co., Ltd. (SZSE:002723) Surges 38% Yet Its Low P/S Is No Reason For Excitement
Mar 07Kennede Electronics MFG (SZSE:002723) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Financial Position Analysis
Short Term Liabilities: 002723's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002723's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥206.5M).
Debt to Equity History and Analysis
Debt Level: 002723's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 002723's debt to equity ratio has increased from 21.6% to 44.5% over the past 5 years.
Debt Coverage: 002723's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 002723's interest payments on its debt are not well covered by EBIT (0.9x coverage).