Kingdom Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Kingdom Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥862.5M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.7B respectively. Kingdom Holdings's EBIT is CN¥248.6M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥476.0M.
Key information
54.3%
Debt to equity ratio
CN¥862.48m
Debt
Interest coverage ratio | 7.7x |
Cash | CN¥476.02m |
Equity | CN¥1.59b |
Total liabilities | CN¥1.70b |
Total assets | CN¥3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K7A's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: K7A's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥69.6M).
Debt to Equity History and Analysis
Debt Level: K7A's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: K7A's debt to equity ratio has increased from 48.5% to 54.3% over the past 5 years.
Debt Coverage: K7A's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: K7A's interest payments on its debt are well covered by EBIT (7.7x coverage).