Xinlei Compressor Balance Sheet Health
Financial Health criteria checks 5/6
Xinlei Compressor has a total shareholder equity of CN¥1.0B and total debt of CN¥34.2M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥2.1B and CN¥1.0B respectively. Xinlei Compressor's EBIT is CN¥16.7M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥512.6M.
Key information
3.3%
Debt to equity ratio
CN¥34.20m
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥512.58m |
Equity | CN¥1.05b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301317's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥710.0M).
Long Term Liabilities: 301317's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥313.3M).
Debt to Equity History and Analysis
Debt Level: 301317 has more cash than its total debt.
Reducing Debt: 301317's debt to equity ratio has reduced from 13.8% to 3.3% over the past 5 years.
Debt Coverage: 301317's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301317 earns more interest than it pays, so coverage of interest payments is not a concern.