Xinjiang Xuefeng Sci-Tech(Group)Co.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Xinjiang Xuefeng Sci-Tech(Group)Co.Ltd has a total shareholder equity of CN¥5.5B and total debt of CN¥829.6M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥7.8B and CN¥2.3B respectively. Xinjiang Xuefeng Sci-Tech(Group)Co.Ltd's EBIT is CN¥997.7M making its interest coverage ratio 114.6. It has cash and short-term investments of CN¥818.9M.
Key information
15.1%
Debt to equity ratio
CN¥829.58m
Debt
| Interest coverage ratio | 114.6x |
| Cash | CN¥818.86m |
| Equity | CN¥5.48b |
| Total liabilities | CN¥2.28b |
| Total assets | CN¥7.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603227's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603227's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥771.2M).
Debt to Equity History and Analysis
Debt Level: 603227's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 603227's debt to equity ratio has reduced from 42.4% to 15.1% over the past 5 years.
Debt Coverage: 603227's debt is well covered by operating cash flow (138.9%).
Interest Coverage: 603227's interest payments on its debt are well covered by EBIT (114.6x coverage).