KINGSEMI Balance Sheet Health
Financial Health criteria checks 4/6
KINGSEMI has a total shareholder equity of CN¥2.4B and total debt of CN¥858.8M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥4.3B and CN¥1.9B respectively. KINGSEMI's EBIT is CN¥234.5M making its interest coverage ratio -22.6. It has cash and short-term investments of CN¥593.3M.
Key information
35.4%
Debt to equity ratio
CN¥858.79m
Debt
Interest coverage ratio | -22.6x |
Cash | CN¥593.34m |
Equity | CN¥2.42b |
Total liabilities | CN¥1.92b |
Total assets | CN¥4.34b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688037's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688037's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥541.2M).
Debt to Equity History and Analysis
Debt Level: 688037's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: 688037's debt to equity ratio has increased from 0% to 35.4% over the past 5 years.
Debt Coverage: 688037's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688037 earns more interest than it pays, so coverage of interest payments is not a concern.