Kingsoft Balance Sheet Health
Financial Health criteria checks 6/6
Kingsoft has a total shareholder equity of CN¥26.6B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥35.2B and CN¥8.6B respectively. Kingsoft's EBIT is CN¥1.9B making its interest coverage ratio -4. It has cash and short-term investments of CN¥23.9B.
Key information
10.4%
Debt to equity ratio
CN¥2.77b
Debt
Interest coverage ratio | -4x |
Cash | CN¥23.88b |
Equity | CN¥26.57b |
Total liabilities | CN¥8.62b |
Total assets | CN¥35.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3888's short term assets (CN¥26.9B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 3888's short term assets (CN¥26.9B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 3888 has more cash than its total debt.
Reducing Debt: 3888's debt to equity ratio has reduced from 31.5% to 10.4% over the past 5 years.
Debt Coverage: 3888's debt is well covered by operating cash flow (125.9%).
Interest Coverage: 3888 earns more interest than it pays, so coverage of interest payments is not a concern.