Qingci Games Balance Sheet Health
Financial Health criteria checks 5/6
Qingci Games has a total shareholder equity of CN¥1.8B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥2.0B and CN¥187.0M respectively. Qingci Games's EBIT is CN¥155.1M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥1.6B.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6633's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥153.9M).
Long Term Liabilities: 6633's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥33.1M).
Debt to Equity History and Analysis
Debt Level: 6633 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6633's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6633's debt is well covered by operating cash flow (312.4%).
Interest Coverage: 6633 earns more interest than it pays, so coverage of interest payments is not a concern.