Xuzhou Handler Special Vehicle Balance Sheet Health
Financial Health criteria checks 6/6
Xuzhou Handler Special Vehicle has a total shareholder equity of CN¥1.3B and total debt of CN¥158.1M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥2.0B and CN¥690.9M respectively. Xuzhou Handler Special Vehicle's EBIT is CN¥192.6M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥240.7M.
Key information
11.7%
Debt to equity ratio
CN¥158.08m
Debt
| Interest coverage ratio | -3.5x |
| Cash | CN¥240.72m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥690.93m |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300201's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥681.3M).
Long Term Liabilities: 300201's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥9.6M).
Debt to Equity History and Analysis
Debt Level: 300201 has more cash than its total debt.
Reducing Debt: 300201's debt to equity ratio has reduced from 48.6% to 11.7% over the past 5 years.
Debt Coverage: 300201's debt is well covered by operating cash flow (179%).
Interest Coverage: 300201 earns more interest than it pays, so coverage of interest payments is not a concern.