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¥646.5M and total debt of CN¥371.6M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥3.6B and CN¥3.0B respectively. Xueda (Xiamen) Education Technology Group's EBIT is CN¥298.4M making its interest coverage ratio 12.8. It has cash and short-term investments of CN¥1.1B.
Key information
57.5%
Debt to equity ratio
CN¥371.63m
Debt
| Interest coverage ratio | 12.8x |
| Cash | CN¥1.13b |
| Equity | CN¥646.54m |
| Total liabilities | CN¥2.97b |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
Xueda (Xiamen) Education Technology Group Co., Ltd's (SZSE:000526) Popularity With Investors Under Threat As Stock Sinks 26%
Jul 24
Is It Time To Consider Buying Xueda (Xiamen) Education Technology Group Co., Ltd (SZSE:000526)?
Jun 10If EPS Growth Is Important To You, Xueda (Xiamen) Education Technology Group (SZSE:000526) Presents An Opportunity
May 22Optimistic Investors Push Xueda (Xiamen) Education Technology Group Co., Ltd. (SZSE:000526) Shares Up 26% But Growth Is Lacking
Feb 26Financial Position Analysis
Short Term Liabilities: 000526's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 000526's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥716.1M).
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 2491.6% to 57.5% over the past 5 years.
Debt Coverage: 000526's debt is well covered by operating cash flow (190.5%).
Interest Coverage: 000526's interest payments on its debt are well covered by EBIT (12.8x coverage).