XJ Electric Balance Sheet Health
Financial Health criteria checks 6/6
XJ Electric has a total shareholder equity of CN¥12.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥22.4B and CN¥10.4B respectively. XJ Electric's EBIT is CN¥1.2B making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥5.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -10.2x |
Cash | CN¥5.24b |
Equity | CN¥11.97b |
Total liabilities | CN¥10.41b |
Total assets | CN¥22.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000400's short term assets (CN¥18.2B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 000400's short term assets (CN¥18.2B) exceed its long term liabilities (CN¥340.5M).
Debt to Equity History and Analysis
Debt Level: 000400 is debt free.
Reducing Debt: 000400 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 000400 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000400 has no debt, therefore coverage of interest payments is not a concern.