Chengdu Qinchuan IoT TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu Qinchuan IoT TechnologyLtd has a total shareholder equity of CN¥633.4M and total debt of CN¥102.4M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are CN¥947.6M and CN¥314.2M respectively.
Key information
16.2%
Debt to equity ratio
CN¥102.42m
Debt
Interest coverage ratio | n/a |
Cash | CN¥81.22m |
Equity | CN¥633.44m |
Total liabilities | CN¥314.15m |
Total assets | CN¥947.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688528's short term assets (CN¥466.3M) exceed its short term liabilities (CN¥299.9M).
Long Term Liabilities: 688528's short term assets (CN¥466.3M) exceed its long term liabilities (CN¥14.3M).
Debt to Equity History and Analysis
Debt Level: 688528's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 688528's debt to equity ratio has increased from 3.8% to 16.2% over the past 5 years.
Debt Coverage: 688528's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688528's interest payments on its debt are well covered by EBIT.