Xi'an Sinofuse Electric Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an Sinofuse Electric has a total shareholder equity of CN¥1.0B and total debt of CN¥191.6M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥1.7B and CN¥658.3M respectively. Xi'an Sinofuse Electric's EBIT is CN¥142.4M making its interest coverage ratio 625.8. It has cash and short-term investments of CN¥141.1M.
Key information
18.6%
Debt to equity ratio
CN¥191.60m
Debt
Interest coverage ratio | 625.8x |
Cash | CN¥141.07m |
Equity | CN¥1.03b |
Total liabilities | CN¥658.28m |
Total assets | CN¥1.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301031's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥650.2M).
Long Term Liabilities: 301031's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 301031's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 301031's debt to equity ratio has increased from 0% to 18.6% over the past 5 years.
Debt Coverage: 301031's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 301031's interest payments on its debt are well covered by EBIT (625.8x coverage).