Zhuhai Kles TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhuhai Kles TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥60.4M respectively. Zhuhai Kles TechnologyLtd's EBIT is CN¥2.8M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥321.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.1x |
Cash | CN¥321.56m |
Equity | CN¥1.09b |
Total liabilities | CN¥60.37m |
Total assets | CN¥1.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301314's short term assets (CN¥631.9M) exceed its short term liabilities (CN¥45.3M).
Long Term Liabilities: 301314's short term assets (CN¥631.9M) exceed its long term liabilities (CN¥15.1M).
Debt to Equity History and Analysis
Debt Level: 301314 is debt free.
Reducing Debt: 301314 has no debt compared to 5 years ago when its debt to equity ratio was 67.2%.
Debt Coverage: 301314 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301314 has no debt, therefore coverage of interest payments is not a concern.