Xiamen Xindeco Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen Xindeco has a total shareholder equity of CN¥4.1B and total debt of CN¥11.1B, which brings its debt-to-equity ratio to 270.2%. Its total assets and total liabilities are CN¥23.1B and CN¥19.0B respectively.
Key information
270.2%
Debt to equity ratio
CN¥11.10b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.25b |
Equity | CN¥4.11b |
Total liabilities | CN¥19.00b |
Total assets | CN¥23.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000701's short term assets (CN¥17.4B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: 000701's short term assets (CN¥17.4B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 000701's net debt to equity ratio (142.4%) is considered high.
Reducing Debt: 000701's debt to equity ratio has increased from 220% to 270.2% 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 28.5% per year.