Q Technology (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Q Technology (Group) has a total shareholder equity of CN¥4.9B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CN¥13.8B and CN¥8.9B respectively. Q Technology (Group)'s EBIT is CN¥202.6M making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥3.9B.
Key information
83.8%
Debt to equity ratio
CN¥4.14b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CN¥3.94b |
| Equity | CN¥4.94b |
| Total liabilities | CN¥8.90b |
| Total assets | CN¥13.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1478's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 1478's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥325.4M).
Debt to Equity History and Analysis
Debt Level: 1478's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 1478's debt to equity ratio has increased from 74.9% to 83.8% over the past 5 years.
Debt Coverage: 1478's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 1478's interest payments on its debt are well covered by EBIT (15.5x coverage).