Marssenger Kitchenware Co., Ltd.

XSEC:300894 Stock Report

Market Cap: CN¥5.9b

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
CashCN¥851.60m
EquityCN¥1.42b
Total liabilitiesCN¥998.39m
Total assetsCN¥2.42b

Recent financial health updates

No updates

Recent updates

Financial 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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