Kuangda Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Kuangda Technology Group has a total shareholder equity of CN¥3.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.4B and CN¥685.7M respectively. Kuangda Technology Group's EBIT is CN¥226.4M making its interest coverage ratio -28.5. It has cash and short-term investments of CN¥787.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -28.5x |
Cash | CN¥787.81m |
Equity | CN¥3.67b |
Total liabilities | CN¥685.68m |
Total assets | CN¥4.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002516's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥594.7M).
Long Term Liabilities: 002516's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥91.0M).
Debt to Equity History and Analysis
Debt Level: 002516 is debt free.
Reducing Debt: 002516 had no debt 5 years ago.
Debt Coverage: 002516 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002516 has no debt, therefore coverage of interest payments is not a concern.