Xiamen XGMA Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen XGMA Machinery has a total shareholder equity of CN¥1.7B and total debt of CN¥84.8M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥2.4B and CN¥631.3M respectively.
Key information
4.9%
Debt to equity ratio
CN¥84.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥493.55m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥631.26m |
| Total assets | CN¥2.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600815's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥474.3M).
Long Term Liabilities: 600815's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥157.0M).
Debt to Equity History and Analysis
Debt Level: 600815 has more cash than its total debt.
Reducing Debt: 600815 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600815 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600815 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.2% per year.