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¥48.1M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CN¥2.2B and CN¥1.2B respectively. Xinlei Compressor's EBIT is CN¥37.6M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥462.7M.
Key information
4.7%
Debt to equity ratio
CN¥48.10m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥462.65m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.24b |
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¥761.6M).
Long Term Liabilities: 301317's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥452.3M).
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 14.8% to 4.7% 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.