Shanghai Karon Eco-Valve Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Karon Eco-Valve Manufacturing has a total shareholder equity of CN¥2.0B and total debt of CN¥195.1M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥2.7B and CN¥622.5M respectively. Shanghai Karon Eco-Valve Manufacturing's EBIT is CN¥54.5M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.2B.
Key information
9.5%
Debt to equity ratio
CN¥195.12m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.21b |
| Equity | CN¥2.05b |
| Total liabilities | CN¥622.49m |
| Total assets | CN¥2.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301151's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥614.4M).
Long Term Liabilities: 301151's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 301151 has more cash than its total debt.
Reducing Debt: 301151's debt to equity ratio has increased from 3.4% to 9.5% over the past 5 years.
Debt Coverage: 301151's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301151 earns more interest than it pays, so coverage of interest payments is not a concern.