Keli Motor Group Balance Sheet Health
Financial Health criteria checks 5/6
Keli Motor Group has a total shareholder equity of CN¥1.3B and total debt of CN¥284.3M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥2.2B and CN¥884.3M respectively. Keli Motor Group's EBIT is CN¥75.2M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥509.6M.
Key information
21.7%
Debt to equity ratio
CN¥284.27m
Debt
Interest coverage ratio | 4.4x |
Cash | CN¥509.63m |
Equity | CN¥1.31b |
Total liabilities | CN¥884.30m |
Total assets | CN¥2.20b |
Recent financial health updates
These 4 Measures Indicate That Keli Motor Group (SZSE:002892) Is Using Debt Reasonably Well
Oct 21These 4 Measures Indicate That Keli Motor Group (SZSE:002892) Is Using Debt Reasonably Well
Jul 14Recent updates
Subdued Growth No Barrier To Keli Motor Group Co., Ltd. (SZSE:002892) With Shares Advancing 30%
Nov 05Investors Shouldn't Be Too Comfortable With Keli Motor Group's (SZSE:002892) Earnings
Nov 02These 4 Measures Indicate That Keli Motor Group (SZSE:002892) Is Using Debt Reasonably Well
Oct 21Investor Optimism Abounds Keli Motor Group Co., Ltd. (SZSE:002892) But Growth Is Lacking
Sep 13Investors Could Be Concerned With Keli Motor Group's (SZSE:002892) Returns On Capital
Aug 02These 4 Measures Indicate That Keli Motor Group (SZSE:002892) Is Using Debt Reasonably Well
Jul 14Keli Motor Group Co., Ltd.'s (SZSE:002892) Shareholders Might Be Looking For Exit
Jun 07Keli Motor Group's (SZSE:002892) Soft Earnings Are Actually Better Than They Appear
May 02Investors Could Be Concerned With Keli Motor Group's (SZSE:002892) Returns On Capital
Apr 16Keli Motor Group Co., Ltd.'s (SZSE:002892) 26% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 002892's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥624.4M).
Long Term Liabilities: 002892's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥259.9M).
Debt to Equity History and Analysis
Debt Level: 002892 has more cash than its total debt.
Reducing Debt: 002892's debt to equity ratio has increased from 0% to 21.7% over the past 5 years.
Debt Coverage: 002892's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 002892's interest payments on its debt are well covered by EBIT (4.4x coverage).