Kasen International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Kasen International Holdings has a total shareholder equity of CN¥3.8B and total debt of CN¥728.2M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥6.0B and CN¥2.2B respectively. Kasen International Holdings's EBIT is CN¥105.8M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥567.5M.
Key information
19.1%
Debt to equity ratio
CN¥728.21m
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥567.54m |
| Equity | CN¥3.81b |
| Total liabilities | CN¥2.17b |
| Total assets | CN¥5.98b |
Recent financial health updates
Kasen International Holdings (HKG:496) Has Debt But No Earnings; Should You Worry?
Nov 06
Does Kasen International Holdings (HKG:496) Have A Healthy Balance Sheet?
Oct 13Is Kasen International Holdings (HKG:496) Using Too Much Debt?
Jun 07Kasen International Holdings (HKG:496) Has No Shortage Of Debt
Sep 28Kasen International Holdings (HKG:496) Has No Shortage Of Debt
Apr 04Recent updates
Why Investors Shouldn't Be Surprised By Kasen International Holdings Limited's (HKG:496) Low P/E
Dec 30Kasen International Holdings (HKG:496) Has Debt But No Earnings; Should You Worry?
Nov 06We Like These Underlying Return On Capital Trends At Kasen International Holdings (HKG:496)
Mar 20Does Kasen International Holdings (HKG:496) Have A Healthy Balance Sheet?
Oct 13Kasen International Holdings (HKG:496) Is Doing The Right Things To Multiply Its Share Price
Sep 07Is Kasen International Holdings (HKG:496) Using Too Much Debt?
Jun 07Kasen International Holdings (HKG:496) Is Doing The Right Things To Multiply Its Share Price
Mar 26The Return Trends At Kasen International Holdings (HKG:496) Look Promising
Dec 23Kasen International Holdings (HKG:496) Has No Shortage Of Debt
Sep 28Weak Statutory Earnings May Not Tell The Whole Story For Kasen International Holdings (HKG:496)
May 03Kasen International Holdings (HKG:496) Is Looking To Continue Growing Its Returns On Capital
Apr 29Kasen International Holdings (HKG:496) Has No Shortage Of Debt
Apr 04What You Need To Know About Kasen International Holdings Limited's (HKG:496) Investor Composition
Feb 24If You Had Bought Kasen International Holdings' (HKG:496) Shares A Year Ago You Would Be Down 70%
Jan 29What Do The Returns At Kasen International Holdings (HKG:496) Mean Going Forward?
Jan 08
Kasen International Holdings (HKG:496) Use Of Debt Could Be Considered Risky
Dec 18How Much Are Kasen International Holdings Limited (HKG:496) Insiders Taking Off The Table?
Nov 30Financial Position Analysis
Short Term Liabilities: 496's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 496's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥468.0M).
Debt to Equity History and Analysis
Debt Level: 496's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 496's debt to equity ratio has reduced from 30.8% to 19.1% over the past 5 years.
Debt Coverage: 496's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 496's interest payments on its debt are not well covered by EBIT (2.6x coverage).