QuantaSing Group Balance Sheet Health
Financial Health criteria checks 6/6
QuantaSing Group has a total shareholder equity of CN¥368.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥1.1B respectively. QuantaSing Group's EBIT is CN¥189.0M making its interest coverage ratio -17.1. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -17.1x |
| Cash | CN¥1.15b |
| Equity | CN¥368.26m |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MK60's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: MK60's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥29.4M).
Debt to Equity History and Analysis
Debt Level: MK60 is debt free.
Reducing Debt: MK60 has not had any debt for past 5 years.
Debt Coverage: MK60 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MK60 has no debt, therefore coverage of interest payments is not a concern.