Xiamen ITG GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen ITG GroupLtd has a total shareholder equity of CN¥41.4B and total debt of CN¥37.5B, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are CN¥147.8B and CN¥106.4B respectively. Xiamen ITG GroupLtd's EBIT is CN¥1.7B making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥23.8B.
Key information
90.5%
Debt to equity ratio
CN¥37.52b
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥23.75b |
| Equity | CN¥41.44b |
| Total liabilities | CN¥106.37b |
| Total assets | CN¥147.82b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of Xiamen ITG Group Corp.,Ltd (SHSE:600755)
Jul 22
Xiamen ITG GroupLtd (SHSE:600755) Will Pay A Smaller Dividend Than Last Year
Jun 24Here's Why Xiamen ITG GroupLtd (SHSE:600755) Is Weighed Down By Its Debt Load
Jun 11Xiamen ITG GroupLtd's (SHSE:600755) Problems Go Beyond Weak Profit
May 06Returns At Xiamen ITG GroupLtd (SHSE:600755) Appear To Be Weighed Down
Apr 17Financial Position Analysis
Short Term Liabilities: 600755's short term assets (CN¥121.2B) exceed its short term liabilities (CN¥98.4B).
Long Term Liabilities: 600755's short term assets (CN¥121.2B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 600755's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 600755's debt to equity ratio has increased from 83.8% to 90.5% over the past 5 years.
Debt Coverage: 600755's debt is not well covered by operating cash flow (20%).
Interest Coverage: 600755 earns more interest than it pays, so coverage of interest payments is not a concern.