Kinetic Development Group Balance Sheet Health
Financial Health criteria checks 5/6
Kinetic Development Group has a total shareholder equity of CN¥7.9B and total debt of CN¥982.3M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥11.8B and CN¥3.9B respectively. Kinetic Development Group's EBIT is CN¥3.3B making its interest coverage ratio 163.4. It has cash and short-term investments of CN¥614.5M.
Key information
12.5%
Debt to equity ratio
CN¥982.26m
Debt
| Interest coverage ratio | 163.4x |
| Cash | CN¥614.48m |
| Equity | CN¥7.86b |
| Total liabilities | CN¥3.93b |
| Total assets | CN¥11.79b |
Recent financial health updates
These 4 Measures Indicate That Kinetic Development Group (HKG:1277) Is Using Debt Reasonably Well
Mar 26
Kinetic Development Group (HKG:1277) Has A Somewhat Strained Balance Sheet
Nov 27Does Kinetic Development Group (HKG:1277) Have A Healthy Balance Sheet?
Dec 14Kinetic Development Group (HKG:1277) Could Easily Take On More Debt
May 02We Think Kinetic Development Group (HKG:1277) Can Manage Its Debt With Ease
Nov 19Kinetic Mines and Energy (HKG:1277) Has A Rock Solid Balance Sheet
May 29Recent updates
The Market Lifts Kinetic Development Group Limited (HKG:1277) Shares 28% But It Can Do More
May 13These 4 Measures Indicate That Kinetic Development Group (HKG:1277) Is Using Debt Reasonably Well
Mar 26Kinetic Development Group (HKG:1277) Has A Somewhat Strained Balance Sheet
Nov 27Kinetic Development Group (HKG:1277) Is Aiming To Keep Up Its Impressive Returns
Jun 19Does Kinetic Development Group (HKG:1277) Have A Healthy Balance Sheet?
Dec 14Here's Why We Think Kinetic Development Group (HKG:1277) Might Deserve Your Attention Today
Oct 22Kinetic Development Group (HKG:1277) Could Easily Take On More Debt
May 02Here's Why We Think Kinetic Development Group (HKG:1277) Is Well Worth Watching
Feb 04We Think Kinetic Development Group (HKG:1277) Can Manage Its Debt With Ease
Nov 19Do Kinetic Mines and Energy's (HKG:1277) Earnings Warrant Your Attention?
Oct 14Why We Like The Returns At Kinetic Mines and Energy (HKG:1277)
Jun 17Kinetic Mines and Energy (HKG:1277) Has A Rock Solid Balance Sheet
May 29Investors Can Find Comfort In Kinetic Mines and Energy's (HKG:1277) Earnings Quality
Apr 16The Case For Kinetic Mines and Energy Limited (HKG:1277): Could It Be A Nice Addition To Your Dividend Portfolio?
Mar 18Does Kinetic Mines and Energy (HKG:1277) Have The DNA Of A Multi-Bagger?
Feb 20Shareholders Of Kinetic Mines and Energy (HKG:1277) Must Be Happy With Their 190% Total Return
Jan 30Could The Kinetic Mines and Energy Limited (HKG:1277) Ownership Structure Tell Us Something Useful?
Jan 09Is Kinetic Mines and Energy Limited's (HKG:1277) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 19
Financial Position Analysis
Short Term Liabilities: 1277's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 1277's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥895.7M).
Debt to Equity History and Analysis
Debt Level: 1277's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 1277's debt to equity ratio has reduced from 28.4% to 12.5% over the past 5 years.
Debt Coverage: 1277's debt is well covered by operating cash flow (276.9%).
Interest Coverage: 1277's interest payments on its debt are well covered by EBIT (163.4x coverage).