Xilinmen FurnitureLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xilinmen FurnitureLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are CN¥8.7B and CN¥4.7B respectively. Xilinmen FurnitureLtd's EBIT is CN¥662.1M making its interest coverage ratio -46.8. It has cash and short-term investments of CN¥1.9B.
Key information
43.5%
Debt to equity ratio
CN¥1.75b
Debt
| Interest coverage ratio | -46.8x |
| Cash | CN¥1.86b |
| Equity | CN¥4.01b |
| Total liabilities | CN¥4.67b |
| Total assets | CN¥8.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603008's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 603008's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥572.9M).
Debt to Equity History and Analysis
Debt Level: 603008 has more cash than its total debt.
Reducing Debt: 603008's debt to equity ratio has reduced from 63.7% to 43.5% over the past 5 years.
Debt Coverage: 603008's debt is well covered by operating cash flow (88.8%).
Interest Coverage: 603008 earns more interest than it pays, so coverage of interest payments is not a concern.