Xiamen C&D Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen C&D has a total shareholder equity of CN¥227.8B and total debt of CN¥184.1B, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are CN¥891.9B and CN¥664.1B respectively. Xiamen C&D's EBIT is CN¥13.2B making its interest coverage ratio 11.5. It has cash and short-term investments of CN¥104.0B.
Key information
80.8%
Debt to equity ratio
CN¥184.12b
Debt
Interest coverage ratio | 11.5x |
Cash | CN¥103.97b |
Equity | CN¥227.76b |
Total liabilities | CN¥664.11b |
Total assets | CN¥891.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600153's short term assets (CN¥700.5B) exceed its short term liabilities (CN¥519.9B).
Long Term Liabilities: 600153's short term assets (CN¥700.5B) exceed its long term liabilities (CN¥144.2B).
Debt to Equity History and Analysis
Debt Level: 600153's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 600153's debt to equity ratio has reduced from 123.9% to 80.8% over the past 5 years.
Debt Coverage: 600153's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600153's interest payments on its debt are well covered by EBIT (11.5x coverage).