Xinjiang International IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang International IndustryLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥490.1M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥3.6B and CN¥1.1B respectively. Xinjiang International IndustryLtd's EBIT is CN¥125.8M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥205.9M.
Key information
20.0%
Debt to equity ratio
CN¥490.14m
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥205.87m |
Equity | CN¥2.45b |
Total liabilities | CN¥1.12b |
Total assets | CN¥3.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000159's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥963.9M).
Long Term Liabilities: 000159's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥158.0M).
Debt to Equity History and Analysis
Debt Level: 000159's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 000159's debt to equity ratio has increased from 15.7% to 20% over the past 5 years.
Debt Coverage: 000159's debt is well covered by operating cash flow (23.4%).
Interest Coverage: 000159's interest payments on its debt are well covered by EBIT (4.9x coverage).