Xgimi TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xgimi TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥590.3M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥5.4B and CN¥2.4B respectively.
Key information
19.5%
Debt to equity ratio
CN¥590.32m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.64b |
Equity | CN¥3.03b |
Total liabilities | CN¥2.38b |
Total assets | CN¥5.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688696's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688696's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 688696 has more cash than its total debt.
Reducing Debt: 688696's debt to equity ratio has reduced from 24.7% to 19.5% over the past 5 years.
Debt Coverage: 688696's debt is well covered by operating cash flow (75%).
Interest Coverage: Insufficient data to determine if 688696's interest payments on its debt are well covered by EBIT.