Konfoong Materials International Balance Sheet Health
Financial Health criteria checks 5/6
Konfoong Materials International has a total shareholder equity of CN¥4.1B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are CN¥6.5B and CN¥2.4B respectively. Konfoong Materials International's EBIT is CN¥218.9M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥881.2M.
Key information
35.7%
Debt to equity ratio
CN¥1.48b
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥881.24m |
| Equity | CN¥4.15b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥6.52b |
Recent financial health updates
No updates
Recent updates
Konfoong Materials International's (SZSE:300666) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 01
Why Investors Shouldn't Be Surprised By Konfoong Materials International Co., Ltd's (SZSE:300666) 28% Share Price Surge
Mar 04Returns On Capital Signal Tricky Times Ahead For Konfoong Materials International (SZSE:300666)
Feb 27Financial Position Analysis
Short Term Liabilities: 300666's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300666's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300666's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 300666's debt to equity ratio has reduced from 89.9% to 35.7% over the past 5 years.
Debt Coverage: 300666's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 300666 earns more interest than it pays, so coverage of interest payments is not a concern.