China Qidian Guofeng Holdings Balance Sheet Health
Financial Health criteria checks 0/6
China Qidian Guofeng Holdings has a total shareholder equity of CN¥-416.1M and total debt of CN¥471.2M, which brings its debt-to-equity ratio to -113.2%. Its total assets and total liabilities are CN¥313.7M and CN¥729.8M respectively.
Key information
-113.2%
Debt to equity ratio
CN¥471.19m
Debt
Interest coverage ratio | n/a |
Cash | CN¥162.30m |
Equity | -CN¥416.10m |
Total liabilities | CN¥729.76m |
Total assets | CN¥313.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1280 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1280 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1280 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1280's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 1280's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: Insufficient data to determine if 1280's interest payments on its debt are well covered by EBIT.