Qingdao Haier BiomedicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao Haier BiomedicalLtd has a total shareholder equity of CN¥4.5B and total debt of CN¥19.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥5.6B and CN¥1.1B respectively. Qingdao Haier BiomedicalLtd's EBIT is CN¥290.7M making its interest coverage ratio -4. It has cash and short-term investments of CN¥1.8B.
Key information
0.4%
Debt to equity ratio
CN¥19.10m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥1.85b |
| Equity | CN¥4.54b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥5.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688139's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥948.8M).
Long Term Liabilities: 688139's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥151.4M).
Debt to Equity History and Analysis
Debt Level: 688139 has more cash than its total debt.
Reducing Debt: 688139's debt to equity ratio has increased from 0.08% to 0.4% over the past 5 years.
Debt Coverage: 688139's debt is well covered by operating cash flow (1025%).
Interest Coverage: 688139 earns more interest than it pays, so coverage of interest payments is not a concern.