Shanghai Kai Kai Industry Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Kai Kai Industry has a total shareholder equity of CN¥630.4M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥1.3B and CN¥687.3M respectively.
Key information
1.6%
Debt to equity ratio
CN¥10.01m
Debt
Interest coverage ratio | n/a |
Cash | CN¥204.97m |
Equity | CN¥630.38m |
Total liabilities | CN¥687.31m |
Total assets | CN¥1.32b |
Financial Position Analysis
Short Term Liabilities: 600272's short term assets (CN¥717.6M) exceed its short term liabilities (CN¥498.5M).
Long Term Liabilities: 600272's short term assets (CN¥717.6M) exceed its long term liabilities (CN¥188.8M).
Debt to Equity History and Analysis
Debt Level: 600272 has more cash than its total debt.
Reducing Debt: 600272's debt to equity ratio has increased from 0% to 1.6% over the past 5 years.
Debt Coverage: 600272's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600272's interest payments on its debt are well covered by EBIT.