Kangqiao Service Group Balance Sheet Health
Financial Health criteria checks 6/6
Kangqiao Service Group has a total shareholder equity of CN¥763.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥488.6M respectively. Kangqiao Service Group's EBIT is CN¥68.7M making its interest coverage ratio -40.3. It has cash and short-term investments of CN¥407.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -40.3x |
| Cash | CN¥407.74m |
| Equity | CN¥763.83m |
| Total liabilities | CN¥488.55m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2205's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥475.3M).
Long Term Liabilities: 2205's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥13.3M).
Debt to Equity History and Analysis
Debt Level: 2205 is debt free.
Reducing Debt: 2205 has no debt compared to 5 years ago when its debt to equity ratio was 149.2%.
Debt Coverage: 2205 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2205 has no debt, therefore coverage of interest payments is not a concern.