Marssenger Kitchenware Balance Sheet Health
Financial Health criteria checks 4/6
Marssenger Kitchenware has a total shareholder equity of CN¥1.7B and total debt of CN¥866.1M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CN¥3.2B and CN¥1.5B respectively. Marssenger Kitchenware's EBIT is CN¥155.5M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥1.6B.
Key information
51.4%
Debt to equity ratio
CN¥866.14m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥1.64b |
| Equity | CN¥1.69b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥3.19b |
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
Is 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¥2.0B) exceed its short term liabilities (CN¥951.6M).
Long Term Liabilities: 300894's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥555.6M).
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 5.7% to 51.4% over the past 5 years.
Debt Coverage: 300894's debt is not well covered by operating cash flow (15%).
Interest Coverage: 300894 earns more interest than it pays, so coverage of interest payments is not a concern.