China Quanjude(Group)Ltd Balance Sheet Health
Financial Health criteria checks 4/6
China Quanjude(Group)Ltd has a total shareholder equity of CN¥854.4M and total debt of CN¥8.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.5B and CN¥658.9M respectively. China Quanjude(Group)Ltd's EBIT is CN¥29.1M making its interest coverage ratio -1. It has cash and short-term investments of CN¥143.0M.
Key information
1.0%
Debt to equity ratio
CN¥8.65m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥142.97m |
| Equity | CN¥854.36m |
| Total liabilities | CN¥658.90m |
| Total assets | CN¥1.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002186's short term assets (CN¥332.9M) do not cover its short term liabilities (CN¥472.2M).
Long Term Liabilities: 002186's short term assets (CN¥332.9M) exceed its long term liabilities (CN¥186.7M).
Debt to Equity History and Analysis
Debt Level: 002186 has more cash than its total debt.
Reducing Debt: 002186's debt to equity ratio has increased from 0.3% to 1% over the past 5 years.
Debt Coverage: 002186's debt is well covered by operating cash flow (1154.7%).
Interest Coverage: 002186 earns more interest than it pays, so coverage of interest payments is not a concern.