Ko Yo Chemical (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Ko Yo Chemical (Group) has a total shareholder equity of CN¥911.8M and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 404.2%. Its total assets and total liabilities are CN¥6.3B and CN¥5.4B respectively. Ko Yo Chemical (Group)'s EBIT is CN¥133.9M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥62.9M.
Key information
404.2%
Debt to equity ratio
CN¥3.69b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥62.93m |
| Equity | CN¥911.82m |
| Total liabilities | CN¥5.35b |
| Total assets | CN¥6.27b |
Recent financial health updates
Is Ko Yo Chemical (Group) (HKG:827) Using Too Much Debt?
Apr 12
Is Ko Yo Chemical (Group) (HKG:827) Using Too Much Debt?
May 16Is Ko Yo Chemical (Group) (HKG:827) Using Debt Sensibly?
Dec 16Recent updates
What You Can Learn From Ko Yo Chemical (Group) Limited's (HKG:827) P/SAfter Its 26% Share Price Crash
Apr 10Investors Holding Back On Ko Yo Chemical (Group) Limited (HKG:827)
Jan 19Returns On Capital Are Showing Encouraging Signs At Ko Yo Chemical (Group) (HKG:827)
Nov 17Investors Don't See Light At End Of Ko Yo Chemical (Group) Limited's (HKG:827) Tunnel
Jul 20Returns On Capital Are A Standout For Ko Yo Chemical (Group) (HKG:827)
Dec 08Returns On Capital Are A Standout For Ko Yo Chemical (Group) (HKG:827)
Jul 25Investors Shouldn't Be Too Comfortable With Ko Yo Chemical (Group)'s (HKG:827) Robust Earnings
Apr 19Is Ko Yo Chemical (Group) (HKG:827) Using Too Much Debt?
Apr 12Is Ko Yo Chemical (Group) (HKG:827) Using Too Much Debt?
May 16Is Ko Yo Chemical (Group) (HKG:827) Using Debt Sensibly?
Dec 16Financial Position Analysis
Short Term Liabilities: 827's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥4.3B).
Long Term Liabilities: 827's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 827's net debt to equity ratio (397.3%) is considered high.
Reducing Debt: 827's debt to equity ratio has increased from 368% to 404.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 827 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 827 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 39.7% per year.