Qingdao Hiron Commercial Cold Chain Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Hiron Commercial Cold Chain has a total shareholder equity of CN¥4.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.4B and CN¥1.3B respectively. Qingdao Hiron Commercial Cold Chain's EBIT is CN¥309.1M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥1.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥1.92b |
| Equity | CN¥4.08b |
| Total liabilities | CN¥1.28b |
| Total assets | CN¥5.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603187's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603187's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥56.5M).
Debt to Equity History and Analysis
Debt Level: 603187 is debt free.
Reducing Debt: 603187 had no debt 5 years ago.
Debt Coverage: 603187 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603187 has no debt, therefore coverage of interest payments is not a concern.