Xiamen ITG GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen ITG GroupLtd has a total shareholder equity of CN¥40.5B and total debt of CN¥21.1B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥121.6B and CN¥81.1B respectively. Xiamen ITG GroupLtd's EBIT is CN¥1.0B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥20.0B.
Key information
52.2%
Debt to equity ratio
CN¥21.14b
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥19.99b |
| Equity | CN¥40.49b |
| Total liabilities | CN¥81.13b |
| Total assets | CN¥121.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600755's short term assets (CN¥93.5B) exceed its short term liabilities (CN¥71.8B).
Long Term Liabilities: 600755's short term assets (CN¥93.5B) exceed its long term liabilities (CN¥9.4B).
Debt to Equity History and Analysis
Debt Level: 600755's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 600755's debt to equity ratio has reduced from 97.2% to 52.2% over the past 5 years.
Debt Coverage: 600755's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 600755 earns more interest than it pays, so coverage of interest payments is not a concern.