Qinhuangdao Tianqin Equipment ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Qinhuangdao Tianqin Equipment ManufacturingLtd has a total shareholder equity of CN¥877.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥939.3M and CN¥62.2M respectively. Qinhuangdao Tianqin Equipment ManufacturingLtd's EBIT is CN¥33.8M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥496.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥496.04m |
| Equity | CN¥877.10m |
| Total liabilities | CN¥62.19m |
| Total assets | CN¥939.30m |
Financial Position Analysis
Short Term Liabilities: 300922's short term assets (CN¥627.7M) exceed its short term liabilities (CN¥51.2M).
Long Term Liabilities: 300922's short term assets (CN¥627.7M) exceed its long term liabilities (CN¥11.0M).
Debt to Equity History and Analysis
Debt Level: 300922 is debt free.
Reducing Debt: 300922 had no debt 5 years ago.
Debt Coverage: 300922 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300922 has no debt, therefore coverage of interest payments is not a concern.