XJ Electric Balance Sheet Health
Financial Health criteria checks 6/6
XJ Electric has a total shareholder equity of CN¥11.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥21.9B and CN¥10.2B respectively. XJ Electric's EBIT is CN¥1.1B making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥5.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥5.02b |
| Equity | CN¥11.69b |
| Total liabilities | CN¥10.21b |
| Total assets | CN¥21.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000400's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 000400's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥352.7M).
Debt to Equity History and Analysis
Debt Level: 000400 is debt free.
Reducing Debt: 000400 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 000400 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000400 has no debt, therefore coverage of interest payments is not a concern.