Henan Qingshuiyuan TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Henan Qingshuiyuan TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥501.1M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively.
Key information
35.1%
Debt to equity ratio
CN¥501.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥381.82m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥2.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300437's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥762.1M).
Long Term Liabilities: 300437's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥395.4M).
Debt to Equity History and Analysis
Debt Level: 300437's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 300437's debt to equity ratio has reduced from 83.1% to 35.1% over the past 5 years.
Debt Coverage: 300437's debt is well covered by operating cash flow (21.5%).
Interest Coverage: Insufficient data to determine if 300437's interest payments on its debt are well covered by EBIT.