Guangdong KinLong Hardware ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong KinLong Hardware ProductsLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥326.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥10.2B and CN¥4.2B respectively. Guangdong KinLong Hardware ProductsLtd's EBIT is CN¥268.6M making its interest coverage ratio 37.2. It has cash and short-term investments of CN¥1.4B.
Key information
5.5%
Debt to equity ratio
CN¥326.15m
Debt
| Interest coverage ratio | 37.2x |
| Cash | CN¥1.41b |
| Equity | CN¥5.97b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥10.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002791's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002791's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥326.3M).
Debt to Equity History and Analysis
Debt Level: 002791 has more cash than its total debt.
Reducing Debt: 002791's debt to equity ratio has reduced from 15.4% to 5.5% over the past 5 years.
Debt Coverage: 002791's debt is well covered by operating cash flow (186.2%).
Interest Coverage: 002791's interest payments on its debt are well covered by EBIT (37.2x coverage).