Xinjiang International IndustryLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xinjiang International IndustryLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥588.4M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥3.6B and CN¥1.5B respectively. Xinjiang International IndustryLtd's EBIT is CN¥124.9M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥378.0M.
Key information
29.3%
Debt to equity ratio
CN¥588.39m
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥378.04m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥3.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000159's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000159's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥140.2M).
Debt to Equity History and Analysis
Debt Level: 000159's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 000159's debt to equity ratio has increased from 17.5% to 29.3% over the past 5 years.
Debt Coverage: 000159's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 000159's interest payments on its debt are well covered by EBIT (6.3x coverage).