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
No updates
Recent updates
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).