Xilinmen FurnitureLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xilinmen FurnitureLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥8.5B and CN¥4.7B respectively. Xilinmen FurnitureLtd's EBIT is CN¥518.5M making its interest coverage ratio 41.6. It has cash and short-term investments of CN¥1.9B.
Key information
47.1%
Debt to equity ratio
CN¥1.83b
Debt
| Interest coverage ratio | 41.6x |
| Cash | CN¥1.87b |
| Equity | CN¥3.88b |
| Total liabilities | CN¥4.67b |
| Total assets | CN¥8.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603008's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603008's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥504.7M).
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 58.9% to 47.1% over the past 5 years.
Debt Coverage: 603008's debt is well covered by operating cash flow (69.8%).
Interest Coverage: 603008's interest payments on its debt are well covered by EBIT (41.6x coverage).