Xi'an Xice Testing Technology Balance Sheet Health
Financial Health criteria checks 4/6
Xi'an Xice Testing Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥168.0M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥1.5B and CN¥378.4M respectively.
Key information
14.5%
Debt to equity ratio
CN¥167.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥405.23m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥378.35m |
| Total assets | CN¥1.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301306's short term assets (CN¥977.6M) exceed its short term liabilities (CN¥312.6M).
Long Term Liabilities: 301306's short term assets (CN¥977.6M) exceed its long term liabilities (CN¥65.8M).
Debt to Equity History and Analysis
Debt Level: 301306 has more cash than its total debt.
Reducing Debt: 301306's debt to equity ratio has reduced from 35.1% to 14.5% over the past 5 years.
Debt Coverage: 301306's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301306's interest payments on its debt are well covered by EBIT.