Xueda (Xiamen) Education Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Xueda (Xiamen) Education Technology Group has a total shareholder equity of CN¥547.5M and total debt of CN¥377.1M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are CN¥3.3B and CN¥2.8B respectively. Xueda (Xiamen) Education Technology Group's EBIT is CN¥239.1M making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥924.1M.
Key information
68.9%
Debt to equity ratio
CN¥377.13m
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥924.07m |
| Equity | CN¥547.52m |
| Total liabilities | CN¥2.78b |
| Total assets | CN¥3.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000526's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 000526's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥651.1M).
Debt to Equity History and Analysis
Debt Level: 000526 has more cash than its total debt.
Reducing Debt: 000526's debt to equity ratio has reduced from 1392.7% to 68.9% over the past 5 years.
Debt Coverage: 000526's debt is well covered by operating cash flow (157.3%).
Interest Coverage: 000526's interest payments on its debt are well covered by EBIT (8.2x coverage).