Kaili Catalyst & New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kaili Catalyst & New MaterialsLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥529.0M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are CN¥1.8B and CN¥825.8M respectively. Kaili Catalyst & New MaterialsLtd's EBIT is CN¥86.0M making its interest coverage ratio 14.4. It has cash and short-term investments of CN¥234.9M.
Key information
52.0%
Debt to equity ratio
CN¥528.97m
Debt
| Interest coverage ratio | 14.4x |
| Cash | CN¥234.94m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥825.80m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688269's short term assets (CN¥871.8M) exceed its short term liabilities (CN¥652.7M).
Long Term Liabilities: 688269's short term assets (CN¥871.8M) exceed its long term liabilities (CN¥173.1M).
Debt to Equity History and Analysis
Debt Level: 688269's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 688269's debt to equity ratio has increased from 8.1% to 52% over the past 5 years.
Debt Coverage: 688269's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 688269's interest payments on its debt are well covered by EBIT (14.4x coverage).