Kingsoft Balance Sheet Health
Financial Health criteria checks 6/6
Kingsoft has a total shareholder equity of CN¥26.7B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥35.0B and CN¥8.3B respectively. Kingsoft's EBIT is CN¥2.0B making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥23.0B.
Key information
10.5%
Debt to equity ratio
CN¥2.81b
Debt
Interest coverage ratio | -3.9x |
Cash | CN¥22.99b |
Equity | CN¥26.67b |
Total liabilities | CN¥8.35b |
Total assets | CN¥35.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSFT.F's short term assets (CN¥26.0B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: KSFT.F's short term assets (CN¥26.0B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: KSFT.F has more cash than its total debt.
Reducing Debt: KSFT.F's debt to equity ratio has reduced from 28.2% to 10.5% over the past 5 years.
Debt Coverage: KSFT.F's debt is well covered by operating cash flow (123%).
Interest Coverage: KSFT.F earns more interest than it pays, so coverage of interest payments is not a concern.