Q Technology (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Q Technology (Group) has a total shareholder equity of CN¥4.8B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are CN¥14.9B and CN¥10.1B respectively. Q Technology (Group)'s EBIT is CN¥85.4M making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥3.8B.
Key information
90.5%
Debt to equity ratio
CN¥4.37b
Debt
Interest coverage ratio | 5.1x |
Cash | CN¥3.82b |
Equity | CN¥4.83b |
Total liabilities | CN¥10.11b |
Total assets | CN¥14.94b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1478's short term assets (CN¥11.1B) exceed its short term liabilities (CN¥9.7B).
Long Term Liabilities: 1478's short term assets (CN¥11.1B) exceed its long term liabilities (CN¥444.5M).
Debt to Equity History and Analysis
Debt Level: 1478's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 1478's debt to equity ratio has increased from 56% to 90.5% over the past 5 years.
Debt Coverage: 1478's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 1478's interest payments on its debt are well covered by EBIT (5.1x coverage).