Shenzhen KTC Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen KTC Technology has a total shareholder equity of CN¥6.1B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are CN¥10.7B and CN¥4.6B respectively. Shenzhen KTC Technology's EBIT is CN¥1.2B making its interest coverage ratio -21.7. It has cash and short-term investments of CN¥3.7B.
Key information
34.4%
Debt to equity ratio
CN¥2.09b
Debt
| Interest coverage ratio | -21.7x |
| Cash | CN¥3.72b |
| Equity | CN¥6.06b |
| Total liabilities | CN¥4.59b |
| Total assets | CN¥10.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001308's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 001308's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥33.0M).
Debt to Equity History and Analysis
Debt Level: 001308 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 001308's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001308's debt is well covered by operating cash flow (42.4%).
Interest Coverage: 001308 earns more interest than it pays, so coverage of interest payments is not a concern.