Qudian Balance Sheet Health
Financial Health criteria checks 6/6
Qudian has a total shareholder equity of CN¥11.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥12.5B and CN¥794.2M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥9.40b |
Equity | CN¥11.69b |
Total liabilities | CN¥794.25m |
Total assets | CN¥12.48b |
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¥754.5M).
Long Term Liabilities: 1QU's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥39.8M).
Debt to Equity History and Analysis
Debt Level: 1QU is debt free.
Reducing Debt: 1QU has no debt compared to 5 years ago when its debt to equity ratio was 39.5%.
Debt Coverage: 1QU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1QU has no debt, therefore coverage of interest payments is not a concern.