Qibu Balance Sheet Health
Financial Health criteria checks 3/6
Qibu has a total shareholder equity of CN¥2.2M and total debt of CN¥396.0M, which brings its debt-to-equity ratio to 18259.3%. Its total assets and total liabilities are CN¥752.5M and CN¥750.3M respectively.
Key information
18,259.3%
Debt to equity ratio
CN¥395.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥164.26m |
| Equity | CN¥2.17m |
| Total liabilities | CN¥750.32m |
| Total assets | CN¥752.49m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603557's short term assets (CN¥551.8M) do not cover its short term liabilities (CN¥588.3M).
Long Term Liabilities: 603557's short term assets (CN¥551.8M) exceed its long term liabilities (CN¥162.0M).
Debt to Equity History and Analysis
Debt Level: 603557's net debt to equity ratio (10684.7%) is considered high.
Reducing Debt: 603557's debt to equity ratio has increased from 24.1% to 18259.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 603557 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603557 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.1% per year.