Qingling Motors Balance Sheet Health
Financial Health criteria checks 6/6
Qingling Motors has a total shareholder equity of CN¥7.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥10.4B and CN¥2.7B respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.54b |
| Equity | CN¥7.73b |
| Total liabilities | CN¥2.65b |
| Total assets | CN¥10.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QIN's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: QIN's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥15.2M).
Debt to Equity History and Analysis
Debt Level: QIN is debt free.
Reducing Debt: QIN has not had any debt for past 5 years.
Debt Coverage: QIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QIN has no debt, therefore coverage of interest payments is not a concern.