Xuelong GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xuelong GroupLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥79.4M respectively. Xuelong GroupLtd's EBIT is CN¥59.6M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥386.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥386.49m |
Equity | CN¥1.05b |
Total liabilities | CN¥79.43m |
Total assets | CN¥1.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603949's short term assets (CN¥891.6M) exceed its short term liabilities (CN¥50.8M).
Long Term Liabilities: 603949's short term assets (CN¥891.6M) exceed its long term liabilities (CN¥28.6M).
Debt to Equity History and Analysis
Debt Level: 603949 is debt free.
Reducing Debt: 603949 has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
Debt Coverage: 603949 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603949 has no debt, therefore coverage of interest payments is not a concern.