Kingnet Network Balance Sheet Health
Financial Health criteria checks 6/6
Kingnet Network has a total shareholder equity of CN¥5.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.2B and CN¥1.5B respectively. Kingnet Network's EBIT is CN¥1.6B making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥2.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.2x |
| Cash | CN¥2.64b |
| Equity | CN¥5.68b |
| Total liabilities | CN¥1.53b |
| Total assets | CN¥7.21b |
Recent financial health updates
No updates
Recent updates
Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?
Jul 12
With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case
Jun 14Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market
May 21Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
May 02Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?
Apr 07Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?
Mar 15Financial Position Analysis
Short Term Liabilities: 002517's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002517's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥20.7M).
Debt to Equity History and Analysis
Debt Level: 002517 is debt free.
Reducing Debt: 002517 has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: 002517 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002517 has no debt, therefore coverage of interest payments is not a concern.