Tianjin Keyvia ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Keyvia ElectricLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥131.6M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥3.1B and CN¥1.3B respectively. Tianjin Keyvia ElectricLtd's EBIT is CN¥86.7M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥714.8M.
Key information
7.3%
Debt to equity ratio
CN¥131.58m
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥714.78m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Tianjin Keyvia Electric Co.,Ltd's (SZSE:300407) 60% Price Boost Is Out Of Tune With Earnings
Oct 08
We Think That There Are More Issues For Tianjin Keyvia ElectricLtd (SZSE:300407) Than Just Sluggish Earnings
Sep 03A Look At The Intrinsic Value Of Tianjin Keyvia Electric Co.,Ltd (SZSE:300407)
Jul 25Subdued Growth No Barrier To Tianjin Keyvia Electric Co.,Ltd (SZSE:300407) With Shares Advancing 26%
May 06We Like These Underlying Return On Capital Trends At Tianjin Keyvia ElectricLtd (SZSE:300407)
Apr 17Improved Earnings Required Before Tianjin Keyvia Electric Co.,Ltd (SZSE:300407) Stock's 33% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 300407's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300407's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥152.7M).
Debt to Equity History and Analysis
Debt Level: 300407 has more cash than its total debt.
Reducing Debt: 300407's debt to equity ratio has reduced from 17% to 7.3% over the past 5 years.
Debt Coverage: 300407's debt is well covered by operating cash flow (269.3%).
Interest Coverage: 300407 earns more interest than it pays, so coverage of interest payments is not a concern.