Xi'an High Voltage Apparatus Research Institute Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an High Voltage Apparatus Research Institute has a total shareholder equity of CN¥3.1B and total debt of CN¥7.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.5B and CN¥442.6M respectively. Xi'an High Voltage Apparatus Research Institute's EBIT is CN¥120.6M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥943.6M.
Key information
0.2%
Debt to equity ratio
CN¥7.44m
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥943.62m |
Equity | CN¥3.06b |
Total liabilities | CN¥442.61m |
Total assets | CN¥3.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688334's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥298.0M).
Long Term Liabilities: 688334's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥144.6M).
Debt to Equity History and Analysis
Debt Level: 688334 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688334's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688334's debt is well covered by operating cash flow (3710.1%).
Interest Coverage: 688334 earns more interest than it pays, so coverage of interest payments is not a concern.