Kaishan Group Balance Sheet Health
Financial Health criteria checks 2/6
Kaishan Group has a total shareholder equity of CN¥6.3B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are CN¥14.1B and CN¥7.8B respectively. Kaishan Group's EBIT is CN¥603.9M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥635.2M.
Key information
84.2%
Debt to equity ratio
CN¥5.31b
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥635.22m |
Equity | CN¥6.30b |
Total liabilities | CN¥7.80b |
Total assets | CN¥14.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300257's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥5.9B).
Long Term Liabilities: 300257's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300257's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 300257's debt to equity ratio has increased from 56.2% to 84.2% over the past 5 years.
Debt Coverage: 300257's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 300257's interest payments on its debt are well covered by EBIT (3.4x coverage).