Qingmu Tec Balance Sheet Health
Financial Health criteria checks 5/6
Qingmu Tec has a total shareholder equity of CN¥1.4B and total debt of CN¥7.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.6B and CN¥161.4M respectively. Qingmu Tec's EBIT is CN¥70.3M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥876.7M.
Key information
0.5%
Debt to equity ratio
CN¥7.44m
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥876.66m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥161.44m |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable Quality
Nov 04
Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price Jump
Oct 13Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On Capital
Sep 30What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E
Jul 19Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High Quality
Apr 30Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On Capital
Apr 22Financial Position Analysis
Short Term Liabilities: 301110's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥150.5M).
Long Term Liabilities: 301110's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥10.9M).
Debt to Equity History and Analysis
Debt Level: 301110 has more cash than its total debt.
Reducing Debt: 301110's debt to equity ratio has increased from 0.3% to 0.5% over the past 5 years.
Debt Coverage: 301110's debt is well covered by operating cash flow (1569.7%).
Interest Coverage: 301110 earns more interest than it pays, so coverage of interest payments is not a concern.