Xiamen King Long Motor Group Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen King Long Motor Group has a total shareholder equity of CN¥4.2B and total debt of CN¥6.1B, which brings its debt-to-equity ratio to 146%. Its total assets and total liabilities are CN¥27.3B and CN¥23.1B respectively.
Key information
146.0%
Debt to equity ratio
CN¥6.07b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.80b |
| Equity | CN¥4.15b |
| Total liabilities | CN¥23.13b |
| Total assets | CN¥27.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600686's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥17.7B).
Long Term Liabilities: 600686's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: 600686 has more cash than its total debt.
Reducing Debt: 600686's debt to equity ratio has increased from 68.7% to 146% over the past 5 years.
Debt Coverage: 600686's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if 600686's interest payments on its debt are well covered by EBIT.