Kunshan Kinglai Hygienic MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kunshan Kinglai Hygienic MaterialsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are CN¥4.8B and CN¥2.9B respectively. Kunshan Kinglai Hygienic MaterialsLtd's EBIT is CN¥307.0M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥458.1M.
Key information
83.4%
Debt to equity ratio
CN¥1.62b
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥458.09m |
| Equity | CN¥1.94b |
| Total liabilities | CN¥2.87b |
| Total assets | CN¥4.81b |
Recent financial health updates
Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Takes On Some Risk With Its Use Of Debt
Nov 25
These 4 Measures Indicate That Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Is Using Debt Extensively
Aug 26We Think Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Is Taking Some Risk With Its Debt
May 24Recent updates
Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Takes On Some Risk With Its Use Of Debt
Nov 25Kunshan Kinglai Hygienic Materials Co.,Ltd. (SZSE:300260) Stocks Shoot Up 36% But Its P/E Still Looks Reasonable
Oct 01There's Been No Shortage Of Growth Recently For Kunshan Kinglai Hygienic MaterialsLtd's (SZSE:300260) Returns On Capital
Sep 27Kunshan Kinglai Hygienic MaterialsLtd's (SZSE:300260) Weak Earnings May Only Reveal A Part Of The Whole Picture
Sep 09These 4 Measures Indicate That Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Is Using Debt Extensively
Aug 26Earnings Tell The Story For Kunshan Kinglai Hygienic Materials Co.,Ltd. (SZSE:300260)
Jun 30Investors Will Want Kunshan Kinglai Hygienic MaterialsLtd's (SZSE:300260) Growth In ROCE To Persist
Jun 11We Think Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Is Taking Some Risk With Its Debt
May 24Why Investors Shouldn't Be Surprised By Kunshan Kinglai Hygienic Materials Co.,Ltd.'s (SZSE:300260) 38% Share Price Surge
Mar 02Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Is Doing The Right Things To Multiply Its Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 300260's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 300260's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥553.8M).
Debt to Equity History and Analysis
Debt Level: 300260's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: 300260's debt to equity ratio has reduced from 84.4% to 83.4% over the past 5 years.
Debt Coverage: 300260's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 300260's interest payments on its debt are well covered by EBIT (7.4x coverage).