Qing Song HealthLtd Balance Sheet Health
Financial Health criteria checks 2/6
Qing Song HealthLtd has a total shareholder equity of NT$618.2M and total debt of NT$220.2M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are NT$1.5B and NT$929.6M respectively. Qing Song HealthLtd's EBIT is NT$27.6M making its interest coverage ratio 2. It has cash and short-term investments of NT$359.3M.
Key information
35.6%
Debt to equity ratio
NT$220.17m
Debt
Interest coverage ratio | 2x |
Cash | NT$359.28m |
Equity | NT$618.25m |
Total liabilities | NT$929.65m |
Total assets | NT$1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6931's short term assets (NT$418.5M) exceed its short term liabilities (NT$167.1M).
Long Term Liabilities: 6931's short term assets (NT$418.5M) do not cover its long term liabilities (NT$762.6M).
Debt to Equity History and Analysis
Debt Level: 6931 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6931's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6931's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 6931's interest payments on its debt are not well covered by EBIT (2x coverage).