Chengdu Qinchuan IoT TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu Qinchuan IoT TechnologyLtd has a total shareholder equity of CN¥569.9M and total debt of CN¥117.3M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are CN¥920.3M and CN¥350.4M respectively.
Key information
20.6%
Debt to equity ratio
CN¥117.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥35.34m |
| Equity | CN¥569.88m |
| Total liabilities | CN¥350.44m |
| Total assets | CN¥920.32m |
Financial Position Analysis
Short Term Liabilities: 688528's short term assets (CN¥431.1M) exceed its short term liabilities (CN¥293.8M).
Long Term Liabilities: 688528's short term assets (CN¥431.1M) exceed its long term liabilities (CN¥56.7M).
Debt to Equity History and Analysis
Debt Level: 688528's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 688528's debt to equity ratio has increased from 5.4% to 20.6% over the past 5 years.
Debt Coverage: 688528's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: Insufficient data to determine if 688528's interest payments on its debt are well covered by EBIT.