Kingland TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kingland TechnologyLtd has a total shareholder equity of CN¥727.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥433.0M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥30.81m |
| Equity | CN¥727.88m |
| Total liabilities | CN¥433.02m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000711's short term assets (CN¥876.1M) exceed its short term liabilities (CN¥392.3M).
Long Term Liabilities: 000711's short term assets (CN¥876.1M) exceed its long term liabilities (CN¥40.7M).
Debt to Equity History and Analysis
Debt Level: 000711 is debt free.
Reducing Debt: 000711 has no debt compared to 5 years ago when its debt to equity ratio was 56%.
Debt Coverage: 000711 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000711 has no debt, therefore coverage of interest payments is not a concern.