Kingdom Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Kingdom Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥3.4B and CN¥1.8B respectively. Kingdom Holdings's EBIT is CN¥287.2M making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥336.4M.
Key information
65.9%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 7.8x |
| Cash | CN¥336.42m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥1.84b |
| Total assets | CN¥3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K7A's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: K7A's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥69.1M).
Debt to Equity History and Analysis
Debt Level: K7A's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: K7A's debt to equity ratio has increased from 55.1% to 65.9% over the past 5 years.
Debt Coverage: K7A's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: K7A's interest payments on its debt are well covered by EBIT (7.8x coverage).