Qilian International Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Qilian International Holding Group has a total shareholder equity of $44.4M and total debt of $479.7K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $51.3M and $6.9M respectively.
Key information
1.1%
Debt to equity ratio
US$479.72k
Debt
| Interest coverage ratio | n/a |
| Cash | US$22.42m |
| Equity | US$44.35m |
| Total liabilities | US$6.91m |
| Total assets | US$51.26m |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Qilian International Holding Group Limited's (NASDAQ:QLI) Revenues Yet
May 02
Earnings 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: QLI's short term assets ($34.5M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: QLI's short term assets ($34.5M) exceed its long term liabilities ($246.5K).
Debt to Equity History and Analysis
Debt Level: QLI has more cash than its total debt.
Reducing Debt: QLI's debt to equity ratio has reduced from 23.8% to 1.1% over the past 5 years.
Debt Coverage: QLI's debt is well covered by operating cash flow (65.1%).
Interest Coverage: Insufficient data to determine if QLI's interest payments on its debt are well covered by EBIT.