Shenzhen Keanda Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Keanda Electronic Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥1.4B and CN¥201.3M respectively. Shenzhen Keanda Electronic Technology's EBIT is CN¥81.5M making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥324.1M.
Key information
5.0%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | -7.2x |
| Cash | CN¥324.08m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥201.34m |
| Total assets | CN¥1.40b |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Shenzhen Keanda Electronic Technology's (SZSE:002972) Returns On Capital
Oct 01
Shenzhen Keanda Electronic Technology Corp., Ltd.'s (SZSE:002972) Popularity With Investors Is Under Threat From Overpricing
Aug 02Shenzhen Keanda Electronic Technology's (SZSE:002972) Dividend Will Be Reduced To CN¥0.30
May 23Shenzhen Keanda Electronic Technology Corp., Ltd. (SZSE:002972) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 07Returns On Capital Signal Tricky Times Ahead For Shenzhen Keanda Electronic Technology (SZSE:002972)
Feb 27Financial Position Analysis
Short Term Liabilities: 002972's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥193.2M).
Long Term Liabilities: 002972's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥8.2M).
Debt to Equity History and Analysis
Debt Level: 002972 has more cash than its total debt.
Reducing Debt: 002972's debt to equity ratio has increased from 0% to 5% over the past 5 years.
Debt Coverage: 002972's debt is well covered by operating cash flow (114.7%).
Interest Coverage: 002972 earns more interest than it pays, so coverage of interest payments is not a concern.