Kangda International Environmental Balance Sheet Health
Financial Health criteria checks 2/6
Kangda International Environmental has a total shareholder equity of CN¥5.9B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 167.8%. Its total assets and total liabilities are CN¥19.2B and CN¥13.3B respectively. Kangda International Environmental's EBIT is CN¥751.7M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥652.2M.
Key information
167.8%
Debt to equity ratio
CN¥9.92b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥652.25m |
| Equity | CN¥5.91b |
| Total liabilities | CN¥13.30b |
| Total assets | CN¥19.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27K's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 27K's short term assets (CN¥6.7B) do not cover its long term liabilities (CN¥7.7B).
Debt to Equity History and Analysis
Debt Level: 27K's net debt to equity ratio (156.8%) is considered high.
Reducing Debt: 27K's debt to equity ratio has reduced from 204.8% to 167.8% over the past 5 years.
Debt Coverage: 27K's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 27K's interest payments on its debt are not well covered by EBIT (1.4x coverage).