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¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥164.4M respectively. Qingdao Paguld Intelligent ManufacturingLtd's EBIT is CN¥70.7M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥1.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥1.25b |
| Equity | CN¥2.13b |
| Total liabilities | CN¥164.36m |
| Total assets | CN¥2.29b |
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¥156.1M).
Long Term Liabilities: 301456's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥8.3M).
Debt to Equity History and Analysis
Debt Level: 301456 is debt free.
Reducing Debt: 301456 has no debt compared to 5 years ago when its debt to equity ratio was 8%.
Debt Coverage: 301456 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301456 has no debt, therefore coverage of interest payments is not a concern.