Kangda International Environmental Balance Sheet Health
Financial Health criteria checks 2/6
Kangda International Environmental has a total shareholder equity of CN¥5.9B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 167.8%. Its total assets and total liabilities are CN¥19.2B and CN¥13.3B respectively. Kangda International Environmental's EBIT is CN¥751.7M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥652.2M.
Key information
167.8%
Debt to equity ratio
CN¥9.92b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥652.25m |
| Equity | CN¥5.91b |
| Total liabilities | CN¥13.30b |
| Total assets | CN¥19.21b |
Recent financial health updates
Kangda International Environmental (HKG:6136) Has No Shortage Of Debt
Nov 28
Kangda International Environmental (HKG:6136) Seems To Be Using A Lot Of Debt
Apr 27Recent updates
Kangda International Environmental Company Limited (HKG:6136) Surges 59% Yet Its Low P/E Is No Reason For Excitement
Oct 07There Are Reasons To Feel Uneasy About Kangda International Environmental's (HKG:6136) Returns On Capital
Aug 30Here's Why Shareholders Should Examine Kangda International Environmental Company Limited's (HKG:6136) CEO Compensation Package More Closely
May 29Little Excitement Around Kangda International Environmental Company Limited's (HKG:6136) Earnings
Apr 29Kangda International Environmental's (HKG:6136) Returns On Capital Not Reflecting Well On The Business
Mar 26Kangda International Environmental Company Limited's (HKG:6136) Low P/E No Reason For Excitement
Jan 29Kangda International Environmental (HKG:6136) Has No Shortage Of Debt
Nov 28Returns On Capital Signal Tricky Times Ahead For Kangda International Environmental (HKG:6136)
Sep 19Investors Met With Slowing Returns on Capital At Kangda International Environmental (HKG:6136)
Jun 15Here's Why We Think Kangda International Environmental (HKG:6136) Is Well Worth Watching
Oct 06Returns On Capital At Kangda International Environmental (HKG:6136) Have Hit The Brakes
Aug 26Kangda International Environmental (HKG:6136) Seems To Be Using A Lot Of Debt
Apr 27Returns At Kangda International Environmental (HKG:6136) Appear To Be Weighed Down
Mar 31Kangda International Environmental's(HKG:6136) Share Price Is Down 57% Over The Past Five Years.
Mar 07What Type Of Shareholders Make Up Kangda International Environmental Company Limited's (HKG:6136) Share Registry?
Feb 08
Kangda International Environmental (HKG:6136) Is Growing Earnings But Are They A Good Guide?
Jan 10Returns On Capital At Kangda International Environmental (HKG:6136) Paint An Interesting Picture
Dec 18If You Had Bought Kangda International Environmental's (HKG:6136) Shares Five Years Ago You Would Be Down 68%
Nov 30Financial Position Analysis
Short Term Liabilities: 6136's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 6136's short term assets (CN¥6.7B) do not cover its long term liabilities (CN¥7.7B).
Debt to Equity History and Analysis
Debt Level: 6136's net debt to equity ratio (156.8%) is considered high.
Reducing Debt: 6136's debt to equity ratio has reduced from 204.8% to 167.8% over the past 5 years.
Debt Coverage: 6136's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 6136's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:26 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kangda International Environmental Company Limited is covered by 17 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cho Ming Lau | BOCI Research Ltd. |
| Man Hong Cheng | BOCOM International Securities Limited |
| Kenneth Li | Cinda International Research Limited |