Kingenta Ecological Engineering Group Balance Sheet Health
Financial Health criteria checks 3/6
Kingenta Ecological Engineering Group has a total shareholder equity of CN¥2.3B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 192.6%. Its total assets and total liabilities are CN¥11.1B and CN¥8.8B respectively. Kingenta Ecological Engineering Group's EBIT is CN¥141.7M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥933.1M.
Key information
192.6%
Debt to equity ratio
CN¥4.39b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥933.08m |
| Equity | CN¥2.28b |
| Total liabilities | CN¥8.83b |
| Total assets | CN¥11.11b |
Recent financial health updates
Health Check: How Prudently Does Kingenta Ecological Engineering Group (SZSE:002470) Use Debt?
Oct 02
Recent updates
There's No Escaping Kingenta Ecological Engineering Group Co., Ltd.'s (SZSE:002470) Muted Revenues Despite A 32% Share Price Rise
Nov 08Health Check: How Prudently Does Kingenta Ecological Engineering Group (SZSE:002470) Use Debt?
Oct 02There's No Escaping Kingenta Ecological Engineering Group Co., Ltd.'s (SZSE:002470) Muted Revenues
Jun 07Financial Position Analysis
Short Term Liabilities: 002470's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥6.7B).
Long Term Liabilities: 002470's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 002470's net debt to equity ratio (151.6%) is considered high.
Reducing Debt: 002470's debt to equity ratio has increased from 24.8% to 192.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002470 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002470 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 51.2% each year