Shenzhen King Explorer Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen King Explorer Science and Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥694.6M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥3.2B and CN¥1.4B respectively. Shenzhen King Explorer Science and Technology's EBIT is CN¥132.2M making its interest coverage ratio -75.9. It has cash and short-term investments of CN¥290.2M.
Key information
39.3%
Debt to equity ratio
CN¥694.60m
Debt
Interest coverage ratio | -75.9x |
Cash | CN¥290.19m |
Equity | CN¥1.77b |
Total liabilities | CN¥1.41b |
Total assets | CN¥3.17b |
Recent financial health updates
No updates
Recent updates
Shenzhen King Explorer Science and Technology's (SZSE:002917) Strong Earnings Are Of Good Quality
Apr 26Capital Allocation Trends At Shenzhen King Explorer Science and Technology (SZSE:002917) Aren't Ideal
Apr 04Earnings Tell The Story For Shenzhen King Explorer Science and Technology Corporation (SZSE:002917) As Its Stock Soars 31%
Mar 08Financial Position Analysis
Short Term Liabilities: 002917's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002917's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥147.1M).
Debt to Equity History and Analysis
Debt Level: 002917's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 002917's debt to equity ratio has increased from 0% to 39.3% over the past 5 years.
Debt Coverage: 002917's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 002917 earns more interest than it pays, so coverage of interest payments is not a concern.