Sichuan Xinjinlu Group Balance Sheet Health
Financial Health criteria checks 2/6
Sichuan Xinjinlu Group has a total shareholder equity of CN¥1.3B and total debt of CN¥365.6M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
29.0%
Debt to equity ratio
CN¥365.63m
Debt
Interest coverage ratio | n/a |
Cash | CN¥135.22m |
Equity | CN¥1.26b |
Total liabilities | CN¥1.15b |
Total assets | CN¥2.42b |
Financial Position Analysis
Short Term Liabilities: 000510's short term assets (CN¥739.5M) do not cover its short term liabilities (CN¥937.5M).
Long Term Liabilities: 000510's short term assets (CN¥739.5M) exceed its long term liabilities (CN¥217.2M).
Debt to Equity History and Analysis
Debt Level: 000510's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 000510's debt to equity ratio has increased from 11.7% to 29% over the past 5 years.
Debt Coverage: 000510's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000510's interest payments on its debt are well covered by EBIT.