Xiaomi Balance Sheet Health
Financial Health criteria checks 6/6
Xiaomi has a total shareholder equity of CN¥177.8B and total debt of CN¥27.4B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥350.9B and CN¥173.1B respectively. Xiaomi's EBIT is CN¥19.7B making its interest coverage ratio -23.4. It has cash and short-term investments of CN¥99.6B.
Key information
15.4%
Debt to equity ratio
CN¥27.36b
Debt
| Interest coverage ratio | -23.4x |
| Cash | CN¥99.58b |
| Equity | CN¥177.82b |
| Total liabilities | CN¥173.12b |
| Total assets | CN¥350.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3CP's short term assets (CN¥202.9B) exceed its short term liabilities (CN¥128.6B).
Long Term Liabilities: 3CP's short term assets (CN¥202.9B) exceed its long term liabilities (CN¥44.5B).
Debt to Equity History and Analysis
Debt Level: 3CP has more cash than its total debt.
Reducing Debt: 3CP's debt to equity ratio has reduced from 19.4% to 15.4% over the past 5 years.
Debt Coverage: 3CP's debt is well covered by operating cash flow (84.8%).
Interest Coverage: 3CP earns more interest than it pays, so coverage of interest payments is not a concern.