Qtone Education Group (Guangdong) Co.,Ltd

XSEC:300359 Stock Report

Market Cap: CN¥3.9b

Qtone Education Group (Guangdong)Ltd Balance Sheet Health

Financial Health criteria checks 4/6

Qtone Education Group (Guangdong)Ltd has a total shareholder equity of CN¥757.4M and total debt of CN¥50.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥923.7M and CN¥166.3M respectively.

Key information

0.007%

Debt to equity ratio

CN¥50.04k

Debt

Interest coverage ration/a
CashCN¥386.92m
EquityCN¥757.35m
Total liabilitiesCN¥166.34m
Total assetsCN¥923.69m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 300359's short term assets (CN¥742.7M) exceed its short term liabilities (CN¥153.3M).

Long Term Liabilities: 300359's short term assets (CN¥742.7M) exceed its long term liabilities (CN¥13.1M).


Debt to Equity History and Analysis

Debt Level: 300359 has more cash than its total debt.

Reducing Debt: 300359's debt to equity ratio has reduced from 19.9% to 0.01% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 300359 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 300359 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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