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¥2.0B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥9.2B and CN¥3.5B respectively. Xi'an Triangle DefenseLtd's EBIT is CN¥354.5M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥3.1B.
Key information
35.4%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥3.14b |
| Equity | CN¥5.69b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥9.22b |
Recent financial health updates
Here's Why Xi'an Triangle DefenseLtd (SZSE:300775) Has A Meaningful Debt Burden
Oct 30
These 4 Measures Indicate That Xi'an Triangle DefenseLtd (SZSE:300775) Is Using Debt Reasonably Well
Jul 18We Think Xi'an Triangle DefenseLtd (SZSE:300775) Can Stay On Top Of Its Debt
Mar 27Recent updates
Xi'an Triangle DefenseLtd's (SZSE:300775) Problems Go Beyond Weak Profit
Nov 06Here's Why Xi'an Triangle DefenseLtd (SZSE:300775) Has A Meaningful Debt Burden
Oct 30The Market Lifts Xi'an Triangle Defense Co.,Ltd (SZSE:300775) Shares 51% But It Can Do More
Oct 09Xi'an Triangle DefenseLtd's (SZSE:300775) Returns Have Hit A Wall
Oct 01Potential Upside For Xi'an Triangle Defense Co.,Ltd (SZSE:300775) Not Without Risk
Aug 25These 4 Measures Indicate That Xi'an Triangle DefenseLtd (SZSE:300775) Is Using Debt Reasonably Well
Jul 18Xi'an Triangle DefenseLtd (SZSE:300775) Is Paying Out A Larger Dividend Than Last Year
Jun 30Returns On Capital At Xi'an Triangle DefenseLtd (SZSE:300775) Have Hit The Brakes
May 22There's No Escaping Xi'an Triangle Defense Co.,Ltd's (SZSE:300775) Muted Earnings Despite A 36% Share Price Rise
May 22We Think You Should Be Aware Of Some Concerning Factors In Xi'an Triangle DefenseLtd's (SZSE:300775) Earnings
Apr 26We 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¥6.5B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 300775's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥1.1B).
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 35.4% 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.