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¥767.2M and total debt of CN¥647.3M, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are CN¥3.4B and CN¥2.6B respectively. Xueda (Xiamen) Education Technology Group's EBIT is CN¥320.7M making its interest coverage ratio 18.1. It has cash and short-term investments of CN¥863.8M.
Key information
84.4%
Debt to equity ratio
CN¥647.32m
Debt
| Interest coverage ratio | 18.1x |
| Cash | CN¥863.83m |
| Equity | CN¥767.18m |
| Total liabilities | CN¥2.61b |
| Total assets | CN¥3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000526's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 000526's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥703.0M).
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 1097.9% to 84.4% over the past 5 years.
Debt Coverage: 000526's debt is well covered by operating cash flow (92.2%).
Interest Coverage: 000526's interest payments on its debt are well covered by EBIT (18.1x coverage).