Qudian Balance Sheet Health
Financial Health criteria checks 5/6
Qudian has a total shareholder equity of CN¥11.5B and total debt of CN¥720.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥12.6B and CN¥1.1B respectively.
Key information
6.3%
Debt to equity ratio
CN¥720.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.32b |
| Equity | CN¥11.45b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥12.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1QU's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 1QU's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥51.7M).
Debt to Equity History and Analysis
Debt Level: 1QU has more cash than its total debt.
Reducing Debt: 1QU's debt to equity ratio has reduced from 29.4% to 6.3% over the past 5 years.
Debt Coverage: 1QU's debt is well covered by operating cash flow (48.9%).
Interest Coverage: Insufficient data to determine if 1QU's interest payments on its debt are well covered by EBIT.