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¥792.6M and total debt of CN¥629.1M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CN¥3.9B and CN¥3.1B respectively. Xueda (Xiamen) Education Technology Group's EBIT is CN¥307.9M making its interest coverage ratio 15.1. It has cash and short-term investments of CN¥1.2B.
Key information
79.4%
Debt to equity ratio
CN¥629.08m
Debt
| Interest coverage ratio | 15.1x |
| Cash | CN¥1.22b |
| Equity | CN¥792.64m |
| Total liabilities | CN¥3.06b |
| Total assets | CN¥3.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000526's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 000526's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥695.5M).
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 1338.5% to 79.4% over the past 5 years.
Debt Coverage: 000526's debt is well covered by operating cash flow (101.4%).
Interest Coverage: 000526's interest payments on its debt are well covered by EBIT (15.1x coverage).