Xin HeeLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xin HeeLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥384.4M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CN¥3.5B and CN¥797.1M respectively.
Key information
14.3%
Debt to equity ratio
CN¥384.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.04b |
| Equity | CN¥2.69b |
| Total liabilities | CN¥797.07m |
| Total assets | CN¥3.49b |
Financial Position Analysis
Short Term Liabilities: 003016's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥566.0M).
Long Term Liabilities: 003016's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥231.1M).
Debt to Equity History and Analysis
Debt Level: 003016 has more cash than its total debt.
Reducing Debt: 003016's debt to equity ratio has increased from 0% to 14.3% over the past 5 years.
Debt Coverage: 003016's debt is well covered by operating cash flow (25.6%).
Interest Coverage: Insufficient data to determine if 003016's interest payments on its debt are well covered by EBIT.