XCMG Construction Machinery Balance Sheet Health
Financial Health criteria checks 4/6
XCMG Construction Machinery has a total shareholder equity of CN¥57.0B and total debt of CN¥42.3B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are CN¥164.1B and CN¥107.1B respectively. XCMG Construction Machinery's EBIT is CN¥5.9B making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥22.0B.
Key information
74.2%
Debt to equity ratio
CN¥42.31b
Debt
Interest coverage ratio | 4.5x |
Cash | CN¥22.02b |
Equity | CN¥57.03b |
Total liabilities | CN¥107.05b |
Total assets | CN¥164.08b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000425's short term assets (CN¥115.3B) exceed its short term liabilities (CN¥82.7B).
Long Term Liabilities: 000425's short term assets (CN¥115.3B) exceed its long term liabilities (CN¥24.4B).
Debt to Equity History and Analysis
Debt Level: 000425's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 000425's debt to equity ratio has increased from 29.7% to 74.2% over the past 5 years.
Debt Coverage: 000425's debt is not well covered by operating cash flow (4%).
Interest Coverage: 000425's interest payments on its debt are well covered by EBIT (4.5x coverage).