Keshun Waterproof TechnolgiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Keshun Waterproof TechnolgiesLtd has a total shareholder equity of CN¥5.1B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are CN¥13.4B and CN¥8.2B respectively. Keshun Waterproof TechnolgiesLtd's EBIT is CN¥428.1M making its interest coverage ratio 2080.1. It has cash and short-term investments of CN¥2.9B.
Key information
87.8%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | 2080.1x |
| Cash | CN¥2.93b |
| Equity | CN¥5.13b |
| Total liabilities | CN¥8.25b |
| Total assets | CN¥13.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300737's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 300737's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 300737's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 300737's debt to equity ratio has increased from 22.8% to 87.8% over the past 5 years.
Debt Coverage: 300737's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300737's interest payments on its debt are well covered by EBIT (2080.1x coverage).