Xinling Electrical Balance Sheet Health
Financial Health criteria checks 5/6
Xinling Electrical has a total shareholder equity of CN¥986.9M and total debt of CN¥15.8M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥1.2B and CN¥188.1M respectively.
Key information
1.6%
Debt to equity ratio
CN¥15.81m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥407.68m |
| Equity | CN¥986.93m |
| Total liabilities | CN¥188.15m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Xinling Electrical's (SZSE:301388) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 05
Be Wary Of Xinling Electrical (SZSE:301388) And Its Returns On Capital
Jun 28Xinling Electrical (SZSE:301388) Is Reducing Its Dividend To CN¥0.35
May 23There May Be Reason For Hope In Xinling Electrical's (SZSE:301388) Disappointing Earnings
Apr 30Financial Position Analysis
Short Term Liabilities: 301388's short term assets (CN¥757.8M) exceed its short term liabilities (CN¥177.6M).
Long Term Liabilities: 301388's short term assets (CN¥757.8M) exceed its long term liabilities (CN¥10.5M).
Debt to Equity History and Analysis
Debt Level: 301388 has more cash than its total debt.
Reducing Debt: 301388's debt to equity ratio has reduced from 51.3% to 1.6% over the past 5 years.
Debt Coverage: 301388's debt is well covered by operating cash flow (462.4%).
Interest Coverage: Insufficient data to determine if 301388's interest payments on its debt are well covered by EBIT.