Q

QingCloud Technologies Corp
SSE:688316

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QingCloud Technologies Corp
SSE:688316
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Price: 32.17 CNY -0.62%
Market Cap: 1.5B CNY

Solvency Summary

QingCloud Technologies Corp's solvency score is hidden . We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

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We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

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Solvency Score
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Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

0
Cash & ST Investments
+0%
Mar 31, 2023 225.7m
Dec 31, 2022 253.6m
Sep 30, 2022 277.1m
Jun 30, 2022 340.1m
0
Long-Term Investments
+0%
Mar 31, 2023 63.9m
Dec 31, 2022 63.3m
Sep 30, 2022 63.5m
Jun 30, 2022 63.4m
0
Debt
+0%
Mar 31, 2023 150m
Dec 31, 2022 132.3m
Sep 30, 2022 146.9m
Jun 30, 2022 158.9m

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.