Qingdao Paguld Intelligent ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Paguld Intelligent ManufacturingLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥1.1M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥2.2B and CN¥145.4M respectively. Qingdao Paguld Intelligent ManufacturingLtd's EBIT is CN¥79.9M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥820.2M.
Key information
0.05%
Debt to equity ratio
CN¥1.09m
Debt
Interest coverage ratio | -4.2x |
Cash | CN¥820.16m |
Equity | CN¥2.10b |
Total liabilities | CN¥145.42m |
Total assets | CN¥2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301456's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥137.3M).
Long Term Liabilities: 301456's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 301456 has more cash than its total debt.
Reducing Debt: 301456's debt to equity ratio has reduced from 7.1% to 0.05% over the past 5 years.
Debt Coverage: 301456's debt is well covered by operating cash flow (1144.9%).
Interest Coverage: 301456 earns more interest than it pays, so coverage of interest payments is not a concern.