Guangzhou KDT MachineryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou KDT MachineryLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥682.2M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥4.2B and CN¥1.3B respectively. Guangzhou KDT MachineryLtd's EBIT is CN¥664.8M making its interest coverage ratio -38.1. It has cash and short-term investments of CN¥1.3B.
Key information
23.0%
Debt to equity ratio
CN¥682.18m
Debt
| Interest coverage ratio | -38.1x |
| Cash | CN¥1.29b |
| Equity | CN¥2.96b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥4.24b |
Recent financial health updates
Recent updates
If EPS Growth Is Important To You, Guangzhou KDT MachineryLtd (SZSE:002833) Presents An Opportunity
Jun 12
Guangzhou 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¥631.1M).
Long Term Liabilities: 002833's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥642.0M).
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 2.3% to 23% over the past 5 years.
Debt Coverage: 002833's debt is well covered by operating cash flow (95.9%).
Interest Coverage: 002833 earns more interest than it pays, so coverage of interest payments is not a concern.