Xi'an Triangle DefenseLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xi'an Triangle DefenseLtd has a total shareholder equity of CN¥5.7B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are CN¥8.8B and CN¥3.1B respectively. Xi'an Triangle DefenseLtd's EBIT is CN¥797.3M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥3.3B.
Key information
26.2%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥3.31b |
| Equity | CN¥5.73b |
| Total liabilities | CN¥3.09b |
| Total assets | CN¥8.81b |
Recent financial health updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Xi'an Triangle DefenseLtd's (SZSE:300775) Earnings
Apr 26
We Think Xi'an Triangle DefenseLtd (SZSE:300775) Can Stay On Top Of Its Debt
Mar 27Xi'an Triangle Defense Co.,Ltd's (SZSE:300775) Shares Bounce 27% But Its Business Still Trails The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 300775's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300775's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300775 has more cash than its total debt.
Reducing Debt: 300775's debt to equity ratio has increased from 0% to 26.2% over the past 5 years.
Debt Coverage: 300775's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300775 earns more interest than it pays, so coverage of interest payments is not a concern.