Chongqing Qin'an M&E Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Qin'an M&E has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.1B and CN¥472.1M respectively. Chongqing Qin'an M&E's EBIT is CN¥340.4M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥1.08b |
| Equity | CN¥2.61b |
| Total liabilities | CN¥472.09m |
| Total assets | CN¥3.08b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603758's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥447.9M).
Long Term Liabilities: 603758's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥24.2M).
Debt to Equity History and Analysis
Debt Level: 603758 is debt free.
Reducing Debt: 603758 had no debt 5 years ago.
Debt Coverage: 603758 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603758 has no debt, therefore coverage of interest payments is not a concern.