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 ratio | n/a |
Cash | CN¥386.92m |
Equity | CN¥757.35m |
Total liabilities | CN¥166.34m |
Total assets | CN¥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.