QiaoYin City Management Balance Sheet Health
Financial Health criteria checks 3/6
QiaoYin City Management has a total shareholder equity of CN¥2.5B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 149.6%. Its total assets and total liabilities are CN¥7.9B and CN¥5.3B respectively. QiaoYin City Management's EBIT is CN¥532.2M making its interest coverage ratio 4. It has cash and short-term investments of CN¥447.8M.
Key information
149.6%
Debt to equity ratio
CN¥3.80b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥447.77m |
| Equity | CN¥2.54b |
| Total liabilities | CN¥5.35b |
| Total assets | CN¥7.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002973's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002973's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 002973's net debt to equity ratio (131.9%) is considered high.
Reducing Debt: 002973's debt to equity ratio has increased from 36.8% to 149.6% over the past 5 years.
Debt Coverage: 002973's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 002973's interest payments on its debt are well covered by EBIT (4x coverage).