Qingdao Richmat Intelligence Technology Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Richmat Intelligence Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥422.4M respectively. Qingdao Richmat Intelligence Technology's EBIT is CN¥36.8M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥610.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥609.98m |
| Equity | CN¥1.05b |
| Total liabilities | CN¥422.39m |
| Total assets | CN¥1.47b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Qingdao Richmat Intelligence Technology (SZSE:301320) Than Just Sluggish Earnings
Nov 06
Qingdao Richmat Intelligence Technology's (SZSE:301320) Returns On Capital Not Reflecting Well On The Business
Oct 03Returns On Capital At Qingdao Richmat Intelligence Technology (SZSE:301320) Paint A Concerning Picture
Jun 08Investors Can Find Comfort In Qingdao Richmat Intelligence Technology's (SZSE:301320) Earnings Quality
May 01Financial Position Analysis
Short Term Liabilities: 301320's short term assets (CN¥993.8M) exceed its short term liabilities (CN¥402.1M).
Long Term Liabilities: 301320's short term assets (CN¥993.8M) exceed its long term liabilities (CN¥20.3M).
Debt to Equity History and Analysis
Debt Level: 301320 is debt free.
Reducing Debt: 301320 had no debt 5 years ago.
Debt Coverage: 301320 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301320 has no debt, therefore coverage of interest payments is not a concern.