QiaoYin City Management Balance Sheet Health
Financial Health criteria checks 3/6
QiaoYin City Management has a total shareholder equity of CN¥2.6B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are CN¥8.3B and CN¥5.6B respectively. QiaoYin City Management's EBIT is CN¥556.4M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥385.9M.
Key information
151.4%
Debt to equity ratio
CN¥4.00b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥385.93m |
| Equity | CN¥2.64b |
| Total liabilities | CN¥5.64b |
| Total assets | CN¥8.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002973's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002973's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 002973's net debt to equity ratio (136.8%) is considered high.
Reducing Debt: 002973's debt to equity ratio has increased from 0% to 151.4% over the past 5 years.
Debt Coverage: 002973's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 002973's interest payments on its debt are well covered by EBIT (3.7x coverage).