Xianheng International Science&Technology Balance Sheet Health
Financial Health criteria checks 5/6
Xianheng International Science&Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥57.6M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥2.5B and CN¥934.4M respectively. Xianheng International Science&Technology's EBIT is CN¥223.2M making its interest coverage ratio -29.2. It has cash and short-term investments of CN¥661.3M.
Key information
3.6%
Debt to equity ratio
CN¥57.57m
Debt
| Interest coverage ratio | -29.2x |
| Cash | CN¥661.30m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥934.38m |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605056's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥922.6M).
Long Term Liabilities: 605056's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥11.7M).
Debt to Equity History and Analysis
Debt Level: 605056 has more cash than its total debt.
Reducing Debt: 605056's debt to equity ratio has increased from 0.8% to 3.6% over the past 5 years.
Debt Coverage: 605056's debt is well covered by operating cash flow (362.5%).
Interest Coverage: 605056 earns more interest than it pays, so coverage of interest payments is not a concern.