Henan Qingshuiyuan TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Henan Qingshuiyuan TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥544.7M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Henan Qingshuiyuan TechnologyLtd's EBIT is CN¥8.1M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥397.2M.
Key information
34.5%
Debt to equity ratio
CN¥544.70m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥397.22m |
Equity | CN¥1.58b |
Total liabilities | CN¥1.23b |
Total assets | CN¥2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300437's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥841.0M).
Long Term Liabilities: 300437's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥393.4M).
Debt to Equity History and Analysis
Debt Level: 300437's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 300437's debt to equity ratio has reduced from 65.1% to 34.5% over the past 5 years.
Debt Coverage: 300437's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 300437 earns more interest than it pays, so coverage of interest payments is not a concern.