Kunshan Kersen Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kunshan Kersen Science & TechnologyLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are CN¥5.4B and CN¥2.4B respectively.
Key information
45.1%
Debt to equity ratio
CN¥1.33b
Debt
Interest coverage ratio | n/a |
Cash | CN¥373.31m |
Equity | CN¥2.95b |
Total liabilities | CN¥2.42b |
Total assets | CN¥5.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603626's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603626's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥902.1M).
Debt to Equity History and Analysis
Debt Level: 603626's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 603626's debt to equity ratio has reduced from 58.5% to 45.1% over the past 5 years.
Debt Coverage: 603626's debt is well covered by operating cash flow (49.7%).
Interest Coverage: Insufficient data to determine if 603626's interest payments on its debt are well covered by EBIT.