Kale Environment Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
Kale Environment Technology (Shanghai) has a total shareholder equity of CN¥804.9M and total debt of CN¥47.6M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.0B and CN¥203.0M respectively.
Key information
5.9%
Debt to equity ratio
CN¥47.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥395.97m |
| Equity | CN¥804.91m |
| Total liabilities | CN¥203.01m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Recent updates
What Kale Environment Technology (Shanghai) Co., Ltd.'s (SZSE:301070) 26% Share Price Gain Is Not Telling You
Sep 27
Returns On Capital At Kale Environment Technology (Shanghai) (SZSE:301070) Paint A Concerning Picture
Aug 02There's Reason For Concern Over Kale Environment Technology (Shanghai) Co., Ltd.'s (SZSE:301070) Massive 37% Price Jump
May 21Kale Environment Technology (Shanghai)'s (SZSE:301070) Anemic Earnings Might Be Worse Than You Think
Apr 29Financial Position Analysis
Short Term Liabilities: 301070's short term assets (CN¥581.6M) exceed its short term liabilities (CN¥149.9M).
Long Term Liabilities: 301070's short term assets (CN¥581.6M) exceed its long term liabilities (CN¥53.1M).
Debt to Equity History and Analysis
Debt Level: 301070 has more cash than its total debt.
Reducing Debt: 301070's debt to equity ratio has reduced from 7% to 5.9% over the past 5 years.
Debt Coverage: 301070's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301070's interest payments on its debt are well covered by EBIT.