Xiamen Xindeco Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen Xindeco has a total shareholder equity of CN¥3.4B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 283.6%. Its total assets and total liabilities are CN¥18.8B and CN¥15.4B respectively.
Key information
283.6%
Debt to equity ratio
CN¥9.54b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.17b |
| Equity | CN¥3.36b |
| Total liabilities | CN¥15.43b |
| Total assets | CN¥18.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000701's short term assets (CN¥13.2B) do not cover its short term liabilities (CN¥13.3B).
Long Term Liabilities: 000701's short term assets (CN¥13.2B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 000701's net debt to equity ratio (189.3%) is considered high.
Reducing Debt: 000701's debt to equity ratio has reduced from 310.9% to 283.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000701 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000701 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.4% per year.