Quick Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Quick Intelligent EquipmentLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥4.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.9B and CN¥532.2M respectively. Quick Intelligent EquipmentLtd's EBIT is CN¥140.4M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥711.7M.
Key information
0.3%
Debt to equity ratio
CN¥4.00m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥711.69m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥532.25m |
| Total assets | CN¥1.92b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Quick Intelligent EquipmentLtd (SHSE:603203) Shareholders
Sep 05
Risks To Shareholder Returns Are Elevated At These Prices For Quick Intelligent Equipment Co.,Ltd. (SHSE:603203)
Jul 26At CN¥20.78, Is Quick Intelligent Equipment Co.,Ltd. (SHSE:603203) Worth Looking At Closely?
Mar 26Quick Intelligent EquipmentLtd (SHSE:603203) May Have Issues Allocating Its Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 603203's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥503.4M).
Long Term Liabilities: 603203's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥28.9M).
Debt to Equity History and Analysis
Debt Level: 603203 has more cash than its total debt.
Reducing Debt: 603203's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 603203's debt is well covered by operating cash flow (3668.6%).
Interest Coverage: 603203 earns more interest than it pays, so coverage of interest payments is not a concern.