Xi'an Qujiang Cultural Tourism Balance Sheet Health
Financial Health criteria checks 2/6
Xi'an Qujiang Cultural Tourism has a total shareholder equity of CN¥821.6M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are CN¥3.8B and CN¥2.9B respectively.
Key information
144.5%
Debt to equity ratio
CN¥1.19b
Debt
Interest coverage ratio | n/a |
Cash | CN¥152.78m |
Equity | CN¥821.57m |
Total liabilities | CN¥2.94b |
Total assets | CN¥3.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600706's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600706's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥822.7M).
Debt to Equity History and Analysis
Debt Level: 600706's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: 600706's debt to equity ratio has increased from 44.7% to 144.5% over the past 5 years.
Debt Coverage: 600706's debt is well covered by operating cash flow (20.7%).
Interest Coverage: Insufficient data to determine if 600706's interest payments on its debt are well covered by EBIT.