Hefei Kewell Power SystemLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Kewell Power SystemLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥31.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥1.7B and CN¥400.6M respectively. Hefei Kewell Power SystemLtd's EBIT is CN¥55.7M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥753.2M.
Key information
2.4%
Debt to equity ratio
CN¥31.88m
Debt
| Interest coverage ratio | -7.1x |
| Cash | CN¥753.17m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥400.59m |
| Total assets | CN¥1.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688551's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥376.6M).
Long Term Liabilities: 688551's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥24.0M).
Debt to Equity History and Analysis
Debt Level: 688551 has more cash than its total debt.
Reducing Debt: 688551's debt to equity ratio has increased from 1.4% to 2.4% over the past 5 years.
Debt Coverage: 688551's debt is well covered by operating cash flow (186.3%).
Interest Coverage: 688551 earns more interest than it pays, so coverage of interest payments is not a concern.