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
Investors 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.