Kidswant Children ProductsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kidswant Children ProductsLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are CN¥9.6B and CN¥6.2B respectively. Kidswant Children ProductsLtd's EBIT is CN¥195.6M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥3.6B.
Key information
80.9%
Debt to equity ratio
CN¥2.68b
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥3.56b |
Equity | CN¥3.32b |
Total liabilities | CN¥6.24b |
Total assets | CN¥9.56b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301078's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 301078's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 301078 has more cash than its total debt.
Reducing Debt: 301078's debt to equity ratio has increased from 13.4% to 80.9% over the past 5 years.
Debt Coverage: 301078's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 301078's interest payments on its debt are well covered by EBIT (4.3x coverage).