Shenzhen King Brother Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen King Brother Electronics TechnologyLtd has a total shareholder equity of CN¥669.2M and total debt of CN¥44.2M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥906.7M and CN¥237.5M respectively. Shenzhen King Brother Electronics TechnologyLtd's EBIT is CN¥39.3M making its interest coverage ratio -32.3. It has cash and short-term investments of CN¥295.0M.
Key information
6.6%
Debt to equity ratio
CN¥44.17m
Debt
| Interest coverage ratio | -32.3x |
| Cash | CN¥294.95m |
| Equity | CN¥669.22m |
| Total liabilities | CN¥237.52m |
| Total assets | CN¥906.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301041's short term assets (CN¥596.6M) exceed its short term liabilities (CN¥219.1M).
Long Term Liabilities: 301041's short term assets (CN¥596.6M) exceed its long term liabilities (CN¥18.5M).
Debt to Equity History and Analysis
Debt Level: 301041 has more cash than its total debt.
Reducing Debt: 301041's debt to equity ratio has reduced from 17.2% to 6.6% over the past 5 years.
Debt Coverage: 301041's debt is well covered by operating cash flow (236.8%).
Interest Coverage: 301041 earns more interest than it pays, so coverage of interest payments is not a concern.