Xingyuan Environment Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xingyuan Environment Technology has a total shareholder equity of CN¥979.3M and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 563.5%. Its total assets and total liabilities are CN¥9.8B and CN¥8.9B respectively.
Key information
563.5%
Debt to equity ratio
CN¥5.52b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥566.17m |
| Equity | CN¥979.34m |
| Total liabilities | CN¥8.87b |
| Total assets | CN¥9.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300266's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥5.7B).
Long Term Liabilities: 300266's short term assets (CN¥3.0B) do not cover its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 300266's net debt to equity ratio (505.7%) is considered high.
Reducing Debt: 300266's debt to equity ratio has increased from 104.5% to 563.5% 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 300266 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300266 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31% per year.