Jiangsu Kangliyuan Sports Tech Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Kangliyuan Sports Tech has a total shareholder equity of CN¥1.1B and total debt of CN¥121.7M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥1.4B and CN¥332.7M respectively. Jiangsu Kangliyuan Sports Tech's EBIT is CN¥43.6M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥1.1B.
Key information
11.0%
Debt to equity ratio
CN¥121.71m
Debt
Interest coverage ratio | -1.9x |
Cash | CN¥1.06b |
Equity | CN¥1.11b |
Total liabilities | CN¥332.74m |
Total assets | CN¥1.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301287's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥288.1M).
Long Term Liabilities: 301287's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥44.6M).
Debt to Equity History and Analysis
Debt Level: 301287 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301287's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301287's debt is well covered by operating cash flow (92.7%).
Interest Coverage: 301287 earns more interest than it pays, so coverage of interest payments is not a concern.