Qingdao Yunlu Advanced Materials Technology Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao Yunlu Advanced Materials Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥8.1M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥2.9B and CN¥578.8M respectively. Qingdao Yunlu Advanced Materials Technology's EBIT is CN¥343.7M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥265.8M.
Key information
0.3%
Debt to equity ratio
CN¥8.10m
Debt
| Interest coverage ratio | -7.6x |
| Cash | CN¥265.84m |
| Equity | CN¥2.36b |
| Total liabilities | CN¥578.78m |
| Total assets | CN¥2.94b |
Recent financial health updates
No updates
Recent updates
Return Trends At Qingdao Yunlu Advanced Materials Technology (SHSE:688190) Aren't Appealing
Jun 24
What You Need To Know About The Qingdao Yunlu Advanced Materials Technology Co., Ltd. (SHSE:688190) Analyst Downgrade Today
Apr 04Calculating The Fair Value Of Qingdao Yunlu Advanced Materials Technology Co., Ltd. (SHSE:688190)
Mar 01Financial Position Analysis
Short Term Liabilities: 688190's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥455.5M).
Long Term Liabilities: 688190's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥123.3M).
Debt to Equity History and Analysis
Debt Level: 688190 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688190's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688190's debt is well covered by operating cash flow (1707%).
Interest Coverage: 688190 earns more interest than it pays, so coverage of interest payments is not a concern.