Qingdao Guolin Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Qingdao Guolin Technology GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥148.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥1.7B and CN¥509.5M respectively.
Key information
12.0%
Debt to equity ratio
CN¥148.43m
Debt
Interest coverage ratio | n/a |
Cash | CN¥215.67m |
Equity | CN¥1.24b |
Total liabilities | CN¥509.51m |
Total assets | CN¥1.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300786's short term assets (CN¥888.3M) exceed its short term liabilities (CN¥380.7M).
Long Term Liabilities: 300786's short term assets (CN¥888.3M) exceed its long term liabilities (CN¥128.8M).
Debt to Equity History and Analysis
Debt Level: 300786 has more cash than its total debt.
Reducing Debt: 300786's debt to equity ratio has increased from 0% to 12% over the past 5 years.
Debt Coverage: 300786's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300786's interest payments on its debt are well covered by EBIT.