XJ Electric Balance Sheet Health
Financial Health criteria checks 6/6
XJ Electric has a total shareholder equity of CN¥12.5B and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥23.6B and CN¥11.1B respectively. XJ Electric's EBIT is CN¥1.2B making its interest coverage ratio -14.2. It has cash and short-term investments of CN¥5.3B.
Key information
0.5%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | -14.2x |
| Cash | CN¥5.35b |
| Equity | CN¥12.45b |
| Total liabilities | CN¥11.12b |
| Total assets | CN¥23.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000400's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: 000400's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥330.2M).
Debt to Equity History and Analysis
Debt Level: 000400 has more cash than its total debt.
Reducing Debt: 000400's debt to equity ratio has reduced from 1.2% to 0.5% over the past 5 years.
Debt Coverage: 000400's debt is well covered by operating cash flow (3422.4%).
Interest Coverage: 000400 earns more interest than it pays, so coverage of interest payments is not a concern.