XCMG Construction Machinery Balance Sheet Health
Financial Health criteria checks 4/6
XCMG Construction Machinery has a total shareholder equity of CN¥59.2B and total debt of CN¥44.5B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CN¥164.5B and CN¥105.3B respectively. XCMG Construction Machinery's EBIT is CN¥5.6B making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥21.3B.
Key information
75.1%
Debt to equity ratio
CN¥44.50b
Debt
Interest coverage ratio | 5.2x |
Cash | CN¥21.33b |
Equity | CN¥59.22b |
Total liabilities | CN¥105.31b |
Total assets | CN¥164.54b |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For XCMG Construction Machinery's (SZSE:000425) Returns On Capital
May 23We Think That There Are Issues Underlying XCMG Construction Machinery's (SZSE:000425) Earnings
May 06XCMG Construction Machinery Co., Ltd. (SZSE:000425) Just Missed Earnings: Here's What Analysts Think Will Happen Next
May 02XCMG Construction Machinery Co., Ltd. (SZSE:000425) Could Be Riskier Than It Looks
Apr 30Does XCMG Construction Machinery (SZSE:000425) Have A Healthy Balance Sheet?
Mar 20Financial Position Analysis
Short Term Liabilities: 000425's short term assets (CN¥114.0B) exceed its short term liabilities (CN¥84.7B).
Long Term Liabilities: 000425's short term assets (CN¥114.0B) exceed its long term liabilities (CN¥20.6B).
Debt to Equity History and Analysis
Debt Level: 000425's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 000425's debt to equity ratio has increased from 27.8% to 75.1% over the past 5 years.
Debt Coverage: 000425's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 000425's interest payments on its debt are well covered by EBIT (5.2x coverage).