Xinya Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Xinya Electronic has a total shareholder equity of CN¥1.4B and total debt of CN¥947.3M, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are CN¥3.2B and CN¥1.8B respectively. Xinya Electronic's EBIT is CN¥219.2M making its interest coverage ratio 13.8. It has cash and short-term investments of CN¥356.2M.
Key information
68.5%
Debt to equity ratio
CN¥947.26m
Debt
| Interest coverage ratio | 13.8x |
| Cash | CN¥356.21m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥3.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605277's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 605277's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥527.4M).
Debt to Equity History and Analysis
Debt Level: 605277's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 605277's debt to equity ratio has increased from 26.8% to 68.5% over the past 5 years.
Debt Coverage: 605277's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 605277's interest payments on its debt are well covered by EBIT (13.8x coverage).