Qifu Technology Balance Sheet Health
Financial Health criteria checks 5/6
Qifu Technology has a total shareholder equity of CN¥22.0B and total debt of CN¥901.1M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥45.8B and CN¥23.8B respectively. Qifu Technology's EBIT is CN¥7.9B making its interest coverage ratio -36.4. It has cash and short-term investments of CN¥4.2B.
Key information
4.1%
Debt to equity ratio
CN¥901.06m
Debt
| Interest coverage ratio | -36.4x |
| Cash | CN¥4.19b |
| Equity | CN¥22.01b |
| Total liabilities | CN¥23.81b |
| Total assets | CN¥45.82b |
Recent financial health updates
No updates
Recent updates
Qifu Technology, Inc. (NASDAQ:QFIN) Soars 31% But It's A Story Of Risk Vs Reward
Mar 21
Qifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)
Mar 15Qifu Technology, Inc. (NASDAQ:QFIN) Yearly Results: Here's What Analysts Are Forecasting For This Year
Mar 14Qifu Technology, Inc.'s (NASDAQ:QFIN) Shares Not Telling The Full Story
Jan 17360 DigiTech (NASDAQ:QFIN) Will Pay A Smaller Dividend Than Last Year
Dec 07360 DigiTech's (NASDAQ:QFIN) Dividend Will Be Reduced To CN¥0.15
Nov 19Analyst Estimates: Here's What Brokers Think Of 360 DigiTech, Inc. (NASDAQ:QFIN) After Its Third-Quarter Report
Nov 16360 DigiTech: Favorable Risk Reward At Current Price
Oct 06360 DigiTech declares $0.18 dividend
Aug 18360 DigiTech stock falls despite Daiwa initiating the company with a buy rating
Jul 11If EPS Growth Is Important To You, 360 DigiTech (NASDAQ:QFIN) Presents An Opportunity
Jun 23360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks
Jun 21360 DigiTech, An Even Cheaper Chinese Tech Stock Than Alibaba
Mar 15360 DigiTech: Cheap Shares And Now A 5.6% Dividend Yield To Boot
Jan 18360 DigiTech Earns 'Survivor' Title After Latest Regulatory Wave
Nov 22360 DigiTech: Better Than Most Its Peers
Sep 25360 DigiTech's Lending App Returns To China Stores, But Investors Unimpressed
Aug 18A Success Tunnel For 360 DigiTech: Business Transformation
Jul 19Regulatory Onslaught, Can 360 DigiTech Survive?
Jul 12360 DigiTech: A Maturing Chinese Fintech With Flexibility And Promise
Jun 04Financial Position Analysis
Short Term Liabilities: QFIN's short term assets (CN¥39.8B) exceed its short term liabilities (CN¥19.9B).
Long Term Liabilities: QFIN's short term assets (CN¥39.8B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: QFIN has more cash than its total debt.
Reducing Debt: QFIN's debt to equity ratio has increased from 0.3% to 4.1% over the past 5 years.
Debt Coverage: QFIN's debt is well covered by operating cash flow (790%).
Interest Coverage: QFIN earns more interest than it pays, so coverage of interest payments is not a concern.