Kuaishou Technology Balance Sheet Health
Financial Health criteria checks 6/6
Kuaishou Technology has a total shareholder equity of CN¥56.4B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥119.8B and CN¥63.4B respectively. Kuaishou Technology's EBIT is CN¥13.1B making its interest coverage ratio -24.7. It has cash and short-term investments of CN¥53.0B.
Key information
8.0%
Debt to equity ratio
CN¥4.50b
Debt
| Interest coverage ratio | -24.7x |
| Cash | CN¥53.04b |
| Equity | CN¥56.44b |
| Total liabilities | CN¥63.36b |
| Total assets | CN¥119.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1024 N's short term assets (CN¥64.0B) exceed its short term liabilities (CN¥51.8B).
Long Term Liabilities: 1024 N's short term assets (CN¥64.0B) exceed its long term liabilities (CN¥11.5B).
Debt to Equity History and Analysis
Debt Level: 1024 N has more cash than its total debt.
Reducing Debt: 1024 N had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 1024 N's debt is well covered by operating cash flow (637.8%).
Interest Coverage: 1024 N earns more interest than it pays, so coverage of interest payments is not a concern.