Kunlun Tech Balance Sheet Health
Financial Health criteria checks 6/6
Kunlun Tech has a total shareholder equity of CN¥17.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥21.5B and CN¥3.6B respectively. Kunlun Tech's EBIT is CN¥411.4M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥2.7B.
Key information
6.3%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥2.67b |
| Equity | CN¥17.90b |
| Total liabilities | CN¥3.59b |
| Total assets | CN¥21.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300418's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 300418's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥548.3M).
Debt to Equity History and Analysis
Debt Level: 300418 has more cash than its total debt.
Reducing Debt: 300418's debt to equity ratio has reduced from 41.7% to 6.3% over the past 5 years.
Debt Coverage: 300418's debt is well covered by operating cash flow (77.9%).
Interest Coverage: 300418 earns more interest than it pays, so coverage of interest payments is not a concern.