Marssenger Kitchenware Balance Sheet Health
Financial Health criteria checks 4/6
Marssenger Kitchenware has a total shareholder equity of CN¥1.4B and total debt of CN¥488.3M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are CN¥2.4B and CN¥998.4M respectively. Marssenger Kitchenware's EBIT is CN¥34.8M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥851.6M.
Key information
34.4%
Debt to equity ratio
CN¥488.25m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥851.60m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥998.39m |
| Total assets | CN¥2.42b |
Recent financial health updates
Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?
Sep 02
Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt Responsibly
May 21Recent updates
Marssenger Kitchenware (SZSE:300894) Might Be Having Difficulty Using Its Capital Effectively
Dec 04Investors Appear Satisfied With Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Prospects As Shares Rocket 39%
Sep 30Is Now The Time To Look At Buying Marssenger Kitchenware Co., Ltd. (SZSE:300894)?
Sep 19Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?
Sep 02Estimating The Fair Value Of Marssenger Kitchenware Co., Ltd. (SZSE:300894)
Aug 14Returns On Capital Signal Tricky Times Ahead For Marssenger Kitchenware (SZSE:300894)
Jul 27Little Excitement Around Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Earnings As Shares Take 28% Pounding
Jun 17Is Marssenger Kitchenware Co., Ltd. (SZSE:300894) Potentially Undervalued?
Jun 09Marssenger Kitchenware's (SZSE:300894) Dividend Will Be CN¥0.60
May 24Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt Responsibly
May 21Investors Can Find Comfort In Marssenger Kitchenware's (SZSE:300894) Earnings Quality
May 02Marssenger Kitchenware Co., Ltd. (SZSE:300894) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 30Analysts Just Shaved Their Marssenger Kitchenware Co., Ltd. (SZSE:300894) Forecasts Dramatically
Apr 26Marssenger Kitchenware Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 23Are Investors Undervaluing Marssenger Kitchenware Co., Ltd. (SZSE:300894) By 22%?
Mar 25Financial Position Analysis
Short Term Liabilities: 300894's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥431.3M).
Long Term Liabilities: 300894's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥567.1M).
Debt to Equity History and Analysis
Debt Level: 300894 has more cash than its total debt.
Reducing Debt: 300894's debt to equity ratio has increased from 4.5% to 34.4% over the past 5 years.
Debt Coverage: 300894's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300894 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:01 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marssenger Kitchenware Co., Ltd. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wei He | China International Capital Corporation Limited |
| Yifei Wei | China International Capital Corporation Limited |
| Jinxing Shi | China Merchants Securities Co. Ltd. |