Zhongmiao Holdings (Qingdao) Balance Sheet Health
Financial Health criteria checks 6/6
Zhongmiao Holdings (Qingdao) has a total shareholder equity of CN¥363.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥390.0M and CN¥26.7M respectively. Zhongmiao Holdings (Qingdao)'s EBIT is CN¥39.0M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥203.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥203.64m |
| Equity | CN¥363.22m |
| Total liabilities | CN¥26.73m |
| Total assets | CN¥389.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1471's short term assets (CN¥249.3M) exceed its short term liabilities (CN¥26.7M).
Long Term Liabilities: 1471 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1471 is debt free.
Reducing Debt: 1471 has not had any debt for past 5 years.
Debt Coverage: 1471 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1471 has no debt, therefore coverage of interest payments is not a concern.