Shenzhen Kingdom Sci-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Kingdom Sci-Tech has a total shareholder equity of CN¥3.9B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are CN¥6.6B and CN¥2.7B respectively. Shenzhen Kingdom Sci-Tech's EBIT is CN¥257.5M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥2.3B.
Key information
35.5%
Debt to equity ratio
CN¥1.40b
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥2.31b |
| Equity | CN¥3.93b |
| Total liabilities | CN¥2.69b |
| Total assets | CN¥6.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600446's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600446's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥42.0M).
Debt to Equity History and Analysis
Debt Level: 600446 has more cash than its total debt.
Reducing Debt: 600446's debt to equity ratio has reduced from 36.8% to 35.5% over the past 5 years.
Debt Coverage: 600446's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 600446 earns more interest than it pays, so coverage of interest payments is not a concern.