Konfoong Materials International Balance Sheet Health
Financial Health criteria checks 5/6
Konfoong Materials International has a total shareholder equity of CN¥4.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥7.4B and CN¥3.1B respectively. Konfoong Materials International's EBIT is CN¥335.0M making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥693.8M.
Key information
46.2%
Debt to equity ratio
CN¥1.99b
Debt
| Interest coverage ratio | 19.1x |
| Cash | CN¥693.76m |
| Equity | CN¥4.31b |
| Total liabilities | CN¥3.14b |
| Total assets | CN¥7.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300666's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300666's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300666's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 300666's debt to equity ratio has reduced from 86.4% to 46.2% over the past 5 years.
Debt Coverage: 300666's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300666's interest payments on its debt are well covered by EBIT (19.1x coverage).