Queclink Wireless Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Queclink Wireless Solutions has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥175.8M respectively. Queclink Wireless Solutions's EBIT is CN¥188.9M making its interest coverage ratio 1821.7. It has cash and short-term investments of CN¥895.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 1821.7x |
| Cash | CN¥895.67m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥175.84m |
| Total assets | CN¥1.97b |
Recent financial health updates
No updates
Recent updates
We Think You Can Look Beyond Queclink Wireless Solutions' (SZSE:300590) Lackluster Earnings
Apr 29
Queclink Wireless Solutions Co., Ltd. (SZSE:300590) Looks Just Right With A 27% Price Jump
Apr 24After Leaping 33% Queclink Wireless Solutions Co., Ltd. (SZSE:300590) Shares Are Not Flying Under The Radar
Mar 06Financial Position Analysis
Short Term Liabilities: 300590's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥164.5M).
Long Term Liabilities: 300590's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 300590 is debt free.
Reducing Debt: 300590 had no debt 5 years ago.
Debt Coverage: 300590 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300590 has no debt, therefore coverage of interest payments is not a concern.