Qiniu Balance Sheet Health
Financial Health criteria checks 4/6
Qiniu has a total shareholder equity of CN¥168.0M and total debt of CN¥213.8M, which brings its debt-to-equity ratio to 127.3%. Its total assets and total liabilities are CN¥858.3M and CN¥690.3M respectively.
Key information
127.3%
Debt to equity ratio
CN¥213.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥278.99m |
| Equity | CN¥167.99m |
| Total liabilities | CN¥690.28m |
| Total assets | CN¥858.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2567's short term assets (CN¥616.6M) do not cover its short term liabilities (CN¥668.1M).
Long Term Liabilities: 2567's short term assets (CN¥616.6M) exceed its long term liabilities (CN¥22.2M).
Debt to Equity History and Analysis
Debt Level: 2567 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2567's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2567 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2567 has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 9.4% each year.