Shanghai Qingpu Fire-Fighting Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Qingpu Fire-Fighting Equipment has a total shareholder equity of CN¥163.0M and total debt of CN¥6.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥193.9M and CN¥30.9M respectively. Shanghai Qingpu Fire-Fighting Equipment's EBIT is CN¥8.6M making its interest coverage ratio 124.2. It has cash and short-term investments of CN¥143.4M.
Key information
4.1%
Debt to equity ratio
CN¥6.74m
Debt
| Interest coverage ratio | 124.2x |
| Cash | CN¥143.39m |
| Equity | CN¥163.02m |
| Total liabilities | CN¥30.89m |
| Total assets | CN¥193.91m |
Recent financial health updates
These 4 Measures Indicate That Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Using Debt Safely
May 31
Does Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Have A Healthy Balance Sheet?
Nov 16Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Seems To Use Debt Quite Sensibly
May 03Recent updates
Solid Earnings Reflect Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Strength As A Business
Apr 21Earnings Not Telling The Story For Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (HKG:8115)
Mar 01Investors Will Want Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Growth In ROCE To Persist
Aug 23Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Are On The Way Up
Apr 14Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Robust Earnings Might Be Weaker Than You Think
Aug 17These 4 Measures Indicate That Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Using Debt Safely
May 31Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Looking To Continue Growing Its Returns On Capital
Mar 16Does Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Have A Healthy Balance Sheet?
Nov 16Returns On Capital Are Showing Encouraging Signs At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115)
Sep 30Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Looking To Continue Growing Its Returns On Capital
Jun 07Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Seems To Use Debt Quite Sensibly
May 03Here’s What’s Happening With Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115)
Mar 09What Do The Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Mean Going Forward?
Nov 24Financial Position Analysis
Short Term Liabilities: 8115's short term assets (CN¥167.0M) exceed its short term liabilities (CN¥14.0M).
Long Term Liabilities: 8115's short term assets (CN¥167.0M) exceed its long term liabilities (CN¥16.9M).
Debt to Equity History and Analysis
Debt Level: 8115 has more cash than its total debt.
Reducing Debt: 8115's debt to equity ratio has increased from 1.1% to 4.1% over the past 5 years.
Debt Coverage: 8115's debt is well covered by operating cash flow (204.6%).
Interest Coverage: 8115's interest payments on its debt are well covered by EBIT (124.2x coverage).