ZheJiang KangLongDa Special Protection Technology Balance Sheet Health
Financial Health criteria checks 1/6
ZheJiang KangLongDa Special Protection Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are CN¥3.5B and CN¥2.2B respectively.
Key information
101.9%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥176.92m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥2.19b |
| Total assets | CN¥3.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603665's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603665's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥278.6M).
Debt to Equity History and Analysis
Debt Level: 603665's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: 603665's debt to equity ratio has increased from 14% to 101.9% over the past 5 years.
Debt Coverage: 603665's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: Insufficient data to determine if 603665's interest payments on its debt are well covered by EBIT.