Qing Song HealthLtd Balance Sheet Health
Financial Health criteria checks 4/6
Qing Song HealthLtd has a total shareholder equity of NT$673.9M and total debt of NT$227.0M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are NT$1.9B and NT$1.3B respectively. Qing Song HealthLtd's EBIT is NT$57.1M making its interest coverage ratio 3.2. It has cash and short-term investments of NT$240.3M.
Key information
33.7%
Debt to equity ratio
NT$226.96m
Debt
| Interest coverage ratio | 3.2x |
| Cash | NT$240.33m |
| Equity | NT$673.91m |
| Total liabilities | NT$1.27b |
| Total assets | NT$1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6931's short term assets (NT$453.6M) exceed its short term liabilities (NT$229.4M).
Long Term Liabilities: 6931's short term assets (NT$453.6M) do not cover its long term liabilities (NT$1.0B).
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 well covered by operating cash flow (66.8%).
Interest Coverage: 6931's interest payments on its debt are well covered by EBIT (3.2x coverage).