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¥5.5B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are CN¥15.6B and CN¥8.5B respectively. Shenzhen KTC Technology's EBIT is CN¥1.0B making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥4.2B.
Key information
77.3%
Debt to equity ratio
CN¥5.54b
Debt
| Interest coverage ratio | -13.3x |
| Cash | CN¥4.18b |
| Equity | CN¥7.16b |
| Total liabilities | CN¥8.46b |
| Total assets | CN¥15.63b |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Shenzhen KTC Technology's (SZSE:001308) Returns On Capital
Aug 30
Estimating 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¥8.4B).
Long Term Liabilities: 001308's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥48.7M).
Debt to Equity History and Analysis
Debt Level: 001308's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 001308's debt to equity ratio has increased from 24.7% to 77.3% 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.