Shanghai Kinlita Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Kinlita Chemical has a total shareholder equity of CN¥838.3M and total debt of CN¥141.5M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥1.3B and CN¥432.4M respectively. Shanghai Kinlita Chemical's EBIT is CN¥22.7M making its interest coverage ratio 7.2. It has cash and short-term investments of CN¥159.6M.
Key information
16.9%
Debt to equity ratio
CN¥141.47m
Debt
Interest coverage ratio | 7.2x |
Cash | CN¥159.60m |
Equity | CN¥838.35m |
Total liabilities | CN¥432.38m |
Total assets | CN¥1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300225's short term assets (CN¥927.8M) exceed its short term liabilities (CN¥421.5M).
Long Term Liabilities: 300225's short term assets (CN¥927.8M) exceed its long term liabilities (CN¥10.9M).
Debt to Equity History and Analysis
Debt Level: 300225 has more cash than its total debt.
Reducing Debt: 300225's debt to equity ratio has increased from 0% to 16.9% over the past 5 years.
Debt Coverage: 300225's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300225's interest payments on its debt are well covered by EBIT (7.2x coverage).