ZheJiang KangLongDa Special Protection Technology Balance Sheet Health
Financial Health criteria checks 1/6
ZheJiang KangLongDa Special Protection Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are CN¥3.5B and CN¥2.2B respectively.
Key information
114.8%
Debt to equity ratio
CN¥1.47b
Debt
Interest coverage ratio | n/a |
Cash | CN¥353.01m |
Equity | CN¥1.28b |
Total liabilities | CN¥2.24b |
Total assets | CN¥3.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603665's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603665's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥380.1M).
Debt to Equity History and Analysis
Debt Level: 603665's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: 603665's debt to equity ratio has increased from 9.2% to 114.8% over the past 5 years.
Debt Coverage: 603665's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: Insufficient data to determine if 603665's interest payments on its debt are well covered by EBIT.