Zhejiang Kan Specialities Material Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Kan Specialities Material has a total shareholder equity of CN¥1.7B and total debt of CN¥61.3M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.8B and CN¥135.9M respectively. Zhejiang Kan Specialities Material's EBIT is CN¥3.2M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥844.4M.
Key information
3.6%
Debt to equity ratio
CN¥61.30m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥844.44m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥135.93m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Zhejiang Kan Specialities Material Co., Ltd.'s (SZSE:002012) Massive 27% Price Jump
Nov 14
Zhejiang Kan Specialities Material Co., Ltd. (SZSE:002012) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 30Zhejiang Kan Specialities Material (SZSE:002012) Will Pay A Larger Dividend Than Last Year At CN¥0.031
May 21There's Reason For Concern Over Zhejiang Kan Specialities Material Co., Ltd.'s (SZSE:002012) Massive 26% Price Jump
Mar 12Financial Position Analysis
Short Term Liabilities: 002012's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥117.2M).
Long Term Liabilities: 002012's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥18.7M).
Debt to Equity History and Analysis
Debt Level: 002012 has more cash than its total debt.
Reducing Debt: 002012's debt to equity ratio has reduced from 18.6% to 3.6% over the past 5 years.
Debt Coverage: 002012's debt is well covered by operating cash flow (41.8%).
Interest Coverage: 002012 earns more interest than it pays, so coverage of interest payments is not a concern.