BGM Group Balance Sheet Health
Financial Health criteria checks 6/6
BGM Group has a total shareholder equity of $44.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $49.9M and $4.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$25.36m |
| Equity | US$44.92m |
| Total liabilities | US$4.93m |
| Total assets | US$49.85m |
Recent financial health updates
Recent updates
Qilian International Holding Group Limited (NASDAQ:BGM) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Sep 17
Qilian International Holding Group Limited's (NASDAQ:QLI) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Jun 22The Market Doesn't Like What It Sees From Qilian International Holding Group Limited's (NASDAQ:QLI) Revenues Yet
May 02Earnings Not Telling The Story For Qilian International Holding Group Limited (NASDAQ:QLI) After Shares Rise 79%
Dec 31Qilian International Non-GAAP EPS of $0.01, revenue of $32.09M
Oct 03We Think You Can Look Beyond Qilian International Holding Group's (NASDAQ:QLI) Lackluster Earnings
Sep 23Qilian International signs Gan Di Xin's exclusive distribution agreement
May 05Qilian International Holding Group Limited's (NASDAQ:QLI) Share Price Matching Investor Opinion
Apr 12Financial Position Analysis
Short Term Liabilities: BGM's short term assets ($33.3M) exceed its short term liabilities ($4.7M).
Long Term Liabilities: BGM's short term assets ($33.3M) exceed its long term liabilities ($202.0K).
Debt to Equity History and Analysis
Debt Level: BGM is debt free.
Reducing Debt: BGM has no debt compared to 5 years ago when its debt to equity ratio was 20%.
Debt Coverage: BGM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BGM has no debt, therefore coverage of interest payments is not a concern.