Guangzhou KDT MachineryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou KDT MachineryLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥685.3M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥4.2B and CN¥1.3B respectively. Guangzhou KDT MachineryLtd's EBIT is CN¥632.9M making its interest coverage ratio -45. It has cash and short-term investments of CN¥1.2B.
Key information
23.9%
Debt to equity ratio
CN¥685.32m
Debt
| Interest coverage ratio | -45x |
| Cash | CN¥1.21b |
| Equity | CN¥2.86b |
| Total liabilities | CN¥1.33b |
| Total assets | CN¥4.20b |
Recent financial health updates
Recent updates
There Is A Reason Guangzhou KDT Machinery Co.,Ltd.'s (SZSE:002833) Price Is Undemanding
Sep 26
Guangzhou KDT Machinery Co.,Ltd. (SZSE:002833) Just Reported, And Analysts Assigned A CN¥19.80 Price Target
Sep 03If EPS Growth Is Important To You, Guangzhou KDT MachineryLtd (SZSE:002833) Presents An Opportunity
Jun 12Guangzhou KDT Machinery Co.,Ltd.'s (SZSE:002833) Prospects Need A Boost To Lift Shares
May 27Guangzhou KDT MachineryLtd (SZSE:002833) Could Be Struggling To Allocate Capital
May 03Is Guangzhou KDT MachineryLtd (SZSE:002833) Using Too Much Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 002833's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥684.0M).
Long Term Liabilities: 002833's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥648.0M).
Debt to Equity History and Analysis
Debt Level: 002833 has more cash than its total debt.
Reducing Debt: 002833's debt to equity ratio has increased from 3.7% to 23.9% over the past 5 years.
Debt Coverage: 002833's debt is well covered by operating cash flow (106.8%).
Interest Coverage: 002833 earns more interest than it pays, so coverage of interest payments is not a concern.