QuakeSafe Technologies Balance Sheet Health
Financial Health criteria checks 3/6
QuakeSafe Technologies has a total shareholder equity of CN¥1.6B and total debt of CN¥553.6M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.1B respectively. QuakeSafe Technologies's EBIT is CN¥58.3M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥504.3M.
Key information
34.1%
Debt to equity ratio
CN¥553.57m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥504.26m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300767's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥683.2M).
Long Term Liabilities: 300767's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥383.4M).
Debt to Equity History and Analysis
Debt Level: 300767's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 300767's debt to equity ratio has increased from 0% to 34.1% over the past 5 years.
Debt Coverage: 300767's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300767's interest payments on its debt are not well covered by EBIT (2.7x coverage).