Kaili Catalyst & New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kaili Catalyst & New MaterialsLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥323.8M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥1.6B and CN¥568.3M respectively. Kaili Catalyst & New MaterialsLtd's EBIT is CN¥88.0M making its interest coverage ratio 30.5. It has cash and short-term investments of CN¥213.4M.
Key information
31.9%
Debt to equity ratio
CN¥323.83m
Debt
Interest coverage ratio | 30.5x |
Cash | CN¥213.40m |
Equity | CN¥1.01b |
Total liabilities | CN¥568.30m |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688269's short term assets (CN¥773.5M) exceed its short term liabilities (CN¥422.0M).
Long Term Liabilities: 688269's short term assets (CN¥773.5M) exceed its long term liabilities (CN¥146.3M).
Debt to Equity History and Analysis
Debt Level: 688269's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 688269's debt to equity ratio has increased from 21.9% to 31.9% over the past 5 years.
Debt Coverage: 688269's debt is well covered by operating cash flow (75.1%).
Interest Coverage: 688269's interest payments on its debt are well covered by EBIT (30.5x coverage).