Xinjiang International IndustryLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xinjiang International IndustryLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥682.3M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥4.0B and CN¥1.5B respectively. Xinjiang International IndustryLtd's EBIT is CN¥111.7M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥183.8M.
Key information
27.6%
Debt to equity ratio
CN¥682.27m
Debt
Interest coverage ratio | 5.2x |
Cash | CN¥183.83m |
Equity | CN¥2.47b |
Total liabilities | CN¥1.55b |
Total assets | CN¥4.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000159's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000159's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥118.0M).
Debt to Equity History and Analysis
Debt Level: 000159's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 000159's debt to equity ratio has increased from 11% to 27.6% over the past 5 years.
Debt Coverage: 000159's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000159's interest payments on its debt are well covered by EBIT (5.2x coverage).