Shenzhen KTC Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen KTC Technology has a total shareholder equity of CN¥7.2B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are CN¥16.3B and CN¥9.1B respectively. Shenzhen KTC Technology's EBIT is CN¥952.8M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥4.2B.
Key information
80.9%
Debt to equity ratio
CN¥5.81b
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥4.19b |
| Equity | CN¥7.18b |
| Total liabilities | CN¥9.09b |
| Total assets | CN¥16.27b |
Recent financial health updates
These 4 Measures Indicate That Shenzhen KTC Technology (SZSE:001308) Is Using Debt Reasonably Well
Oct 23
Is Shenzhen KTC Technology (SZSE:001308) A Risky Investment?
Jul 19Recent updates
These 4 Measures Indicate That Shenzhen KTC Technology (SZSE:001308) Is Using Debt Reasonably Well
Oct 23Shenzhen KTC Technology's (SZSE:001308) Anemic Earnings Might Be Worse Than You Think
Sep 10Some Investors May Be Worried About Shenzhen KTC Technology's (SZSE:001308) Returns On Capital
Aug 30Estimating The Fair Value Of Shenzhen KTC Technology Co., Ltd. (SZSE:001308)
Aug 09Is Shenzhen KTC Technology (SZSE:001308) A Risky Investment?
Jul 19Growth Investors: Industry Analysts Just Upgraded Their Shenzhen KTC Technology Co., Ltd. (SZSE:001308) Revenue Forecasts By 13%
Apr 14Be Wary Of Shenzhen KTC Technology (SZSE:001308) And Its Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 001308's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 001308's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥53.2M).
Debt to Equity History and Analysis
Debt Level: 001308's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 001308's debt to equity ratio has increased from 21% to 80.9% over the past 5 years.
Debt Coverage: 001308's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001308 earns more interest than it pays, so coverage of interest payments is not a concern.