Kangping Technology (Suzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Kangping Technology (Suzhou) has a total shareholder equity of CN¥786.9M and total debt of CN¥135.9M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥1.2B and CN¥418.7M respectively. Kangping Technology (Suzhou)'s EBIT is CN¥59.1M making its interest coverage ratio 92. It has cash and short-term investments of CN¥279.4M.
Key information
17.3%
Debt to equity ratio
CN¥135.88m
Debt
| Interest coverage ratio | 92x |
| Cash | CN¥279.40m |
| Equity | CN¥786.91m |
| Total liabilities | CN¥418.68m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300907's short term assets (CN¥792.3M) exceed its short term liabilities (CN¥406.1M).
Long Term Liabilities: 300907's short term assets (CN¥792.3M) exceed its long term liabilities (CN¥12.6M).
Debt to Equity History and Analysis
Debt Level: 300907 has more cash than its total debt.
Reducing Debt: 300907's debt to equity ratio has increased from 5.4% to 17.3% over the past 5 years.
Debt Coverage: 300907's debt is well covered by operating cash flow (114.7%).
Interest Coverage: 300907's interest payments on its debt are well covered by EBIT (92x coverage).