Qilu Expressway Balance Sheet Health
Financial Health criteria checks 2/6
Qilu Expressway has a total shareholder equity of CN¥6.1B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are CN¥14.5B and CN¥8.5B respectively. Qilu Expressway's EBIT is CN¥690.5M making its interest coverage ratio 159.5. It has cash and short-term investments of CN¥1.0B.
Key information
117.4%
Debt to equity ratio
CN¥7.10b
Debt
| Interest coverage ratio | 159.5x |
| Cash | CN¥1.04b |
| Equity | CN¥6.05b |
| Total liabilities | CN¥8.46b |
| Total assets | CN¥14.51b |
Recent financial health updates
Does Qilu Expressway (HKG:1576) Have A Healthy Balance Sheet?
Nov 17
These 4 Measures Indicate That Qilu Expressway (HKG:1576) Is Using Debt Reasonably Well
Apr 25Qilu Expressway (HKG:1576) Has A Rock Solid Balance Sheet
Nov 30Recent updates
We Think That There Are More Issues For Qilu Expressway (HKG:1576) Than Just Sluggish Earnings
Apr 29Does Qilu Expressway (HKG:1576) Have A Healthy Balance Sheet?
Nov 17Qilu Expressway (HKG:1576) Will Pay A Dividend Of HK$0.21
Jun 30Here's Why We Think Qilu Expressway (HKG:1576) Is Well Worth Watching
Mar 02Qilu Expressway (HKG:1576) Is Increasing Its Dividend To HK$0.22
Jun 27Returns On Capital At Qilu Expressway (HKG:1576) Have Stalled
May 16These 4 Measures Indicate That Qilu Expressway (HKG:1576) Is Using Debt Reasonably Well
Apr 25A Look At The Intrinsic Value Of Qilu Expressway Company Limited (HKG:1576)
Mar 22Update: Qilu Expressway (HKG:1576) Stock Gained 29% In The Last Year
Mar 01What Type Of Shareholders Make Up Qilu Expressway Company Limited's (HKG:1576) Share Registry?
Feb 05The Returns At Qilu Expressway (HKG:1576) Provide Us With Signs Of What's To Come
Jan 12Qilu Expressway (HKG:1576) Has A Rock Solid Balance Sheet
Nov 30Financial Position Analysis
Short Term Liabilities: 1576's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 1576's short term assets (CN¥1.9B) do not cover its long term liabilities (CN¥6.7B).
Debt to Equity History and Analysis
Debt Level: 1576's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: 1576's debt to equity ratio has increased from 14.4% to 117.4% over the past 5 years.
Debt Coverage: 1576's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 1576's interest payments on its debt are well covered by EBIT (159.5x coverage).