Shanghai Kinlita Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Kinlita Chemical has a total shareholder equity of CN¥847.9M and total debt of CN¥110.2M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥1.3B and CN¥485.2M respectively. Shanghai Kinlita Chemical's EBIT is CN¥26.4M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥396.5M.
Key information
13.0%
Debt to equity ratio
CN¥110.24m
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥396.49m |
| Equity | CN¥847.90m |
| Total liabilities | CN¥485.16m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300225's short term assets (CN¥997.8M) exceed its short term liabilities (CN¥449.7M).
Long Term Liabilities: 300225's short term assets (CN¥997.8M) exceed its long term liabilities (CN¥35.5M).
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 13% over the past 5 years.
Debt Coverage: 300225's debt is well covered by operating cash flow (101.9%).
Interest Coverage: 300225's interest payments on its debt are well covered by EBIT (5.4x coverage).