Keystone TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Keystone TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are CN¥2.6B and CN¥1.6B respectively. Keystone TechnologyLtd's EBIT is CN¥39.9M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥995.6M.
Key information
105.8%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥995.65m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605588's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥995.4M).
Long Term Liabilities: 605588's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥555.0M).
Debt to Equity History and Analysis
Debt Level: 605588's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 605588's debt to equity ratio has increased from 14.5% to 105.8% over the past 5 years.
Debt Coverage: 605588's debt is not well covered by operating cash flow (5%).
Interest Coverage: 605588 earns more interest than it pays, so coverage of interest payments is not a concern.