KEDE Numerical Control Balance Sheet Health
Financial Health criteria checks 6/6
KEDE Numerical Control has a total shareholder equity of CN¥1.1B and total debt of CN¥12.5M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥1.5B and CN¥379.3M respectively. KEDE Numerical Control's EBIT is CN¥97.4M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥215.0M.
Key information
1.1%
Debt to equity ratio
CN¥12.50m
Debt
Interest coverage ratio | -7.4x |
Cash | CN¥215.03m |
Equity | CN¥1.15b |
Total liabilities | CN¥379.26m |
Total assets | CN¥1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688305's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥296.0M).
Long Term Liabilities: 688305's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥83.3M).
Debt to Equity History and Analysis
Debt Level: 688305 has more cash than its total debt.
Reducing Debt: 688305's debt to equity ratio has reduced from 5.1% to 1.1% over the past 5 years.
Debt Coverage: 688305's debt is well covered by operating cash flow (495.8%).
Interest Coverage: 688305 earns more interest than it pays, so coverage of interest payments is not a concern.